USCBC Leaders Invited to Discuss Commercial Relations with President Xi

Council President Craig Allen Stressed the Need for Rebalancing China’s Economy

WASHINGTON—March 27, 2024—A group of USCBC leaders met today with President Xi Jinping in Beijing. USCBC issued the following statement after the meeting:

“USCBC was honored to be invited to and participate in the dialogue with President Xi to discuss our concerns over the decline in trade, investment, and business confidence, as well as our desire to help improve engagement and commercial exchange between our two countries. We stressed the importance of rebalancing China’s economy by increasing consumption there and encouraged the government to further address longstanding concerns with cross-border data flows, government procurement, better protection of intellectual property rights, and improved regulatory transparency and predictability. USCBC also highlighted its efforts in supporting US-China bilateral cooperation in the areas of women’s health, climate, and other areas of shared interest, which were outlined by President Biden and President Xi last November in San Francisco.”