US-China Business Council President Craig Allen met virtually with China’s Minister of Commerce Wang Wentao to exchange views on the state of US-China trade and investment relations, views of the American business community on challenges and opportunities for doing business in China, and thoughts on China’s reform and opening plans in 2023. Allen expressed a desire for further engagement between the US and Chinese governments, and a need for tangible reform steps to put the bilateral relationship on a...
Press Releases
Combined US goods and services exports to China supported over one million American jobs in 2021, according to a report published today by the US-China Business Council (USCBC), a US trade group of 280 US companies that do business in China. The report is an update to USCBC’s 2022 US Export Report and provides more recent figures for services exports to China and for US jobs supported by combined goods and services exports to China.
The US-China Business Council applauds the recent meeting between Presidents Joe Biden and Xi Jinping at the G20 Summit in Bali. In the current atmosphere of bilateral tensions, the three and a half hour meeting between the two leaders underlines the importance of the US-China relationship to our countries and the world. USCBC—a private, nonpartisan, nonprofit organization of over 280 American companies that do business with China—fully supports the United States and China’s mutual interest in seeking...