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Leading US and Chinese Business Organizations Support the Completion of a High-Standard US-China Bilateral Investment Treaty
“CCOIC and USCBC applaud the BIT-related outcomes at the last two US-China Strategic & Economic Dialogues, laying the basis for the negotiation sand a timeline to complete the treaty”
WASHINGTON, DC, November 3, 2014 – The China Chamber of International Commerce (CCOIC) and the United States-China Business Council (USCBC) issued the following statement today:
“The China Chamber of International Commerce (CCOIC) and the United States-China Business Council (USCBC) lend our full support to the completion of a high-standard US-China Bilateral Investment Treaty (BIT) at the earliest possible time. CCOIC and USCBC applaud the BIT-related outcomes at the last two US-China Strategic & Economic Dialogues, laying the basis for the negotiations and a timeline to complete the treaty.
“Both of our organizations have actively supported the work of our two governments on BIT negotiations. CCOIC hosted a fruitful dialogue between Chinese companies and US BIT negotiation team in Beijing last month. USCBC has an active working group of American companies that engages with both US and Chinese BIT negotiators to discuss their priorities. In all of these discussion, companies from both countries have expressed their concerns and expectations of expanding market access and removing investment barriers, and appreciate efforts by both governments to address these issues via a BIT.
“There continues to be huge potential for US-China bilateral investment, which promises to be a defining feature of the commercial relationship in the future. Foreign investment has benefitted both countries by creating economic growth, employment, and new product and service choices for consumers. The BIT would provide a better framework to guide the development of a healthy, mutually-beneficial investment relationship. For that reason, we urge both governments to prioritize BIT negotiations and make the completion of a high-standard agreement a top priority.
“CCOIC and USCBC pledge to use our close partnership to support the successful completion of a high-standard BIT, promote the bilateral investment cooperation, and add new momentum to the business relationship between the two largest economies in the world.”
中国国际商会和美中贸易全国委员会
关于推动中美双边投资协定的联合声明
中国国际商会和美中贸易全国委员会为推动两国政府尽快达成高水准的中美双边投资协定而积极努力。双方赞赏最近两轮中美战略与经济对话为双边投资协定谈判设定时间表，认为这为后续谈判奠定了很好的基础。
中国国际商会和美中贸易全国委员会积极支持两国政府在双边投资协定方面的工作。近期，中国国际商会组织会员企业在北京与美国谈判团队进行了卓有成效的对话。美中贸易全国委员会也一直组织美方企业工作组与中美双边投资协定谈判代表进行积极交流。通过上述对话，两国企业充分表达了对放宽市场准入、消除投资壁垒的关注和期待，肯定了中美两国政府对投资协定谈判所做的努力。
中美双边投资合作潜力巨大，双方投资往来对两国未来经贸关系将起到决定作用。中美两国都是外国投资的受益者。外国投资有助于中美两国经济增长和就业增加，并为消费者提供更多产品和服务的选择。双边投资协定将为中美投资关系健康互利的发展提供更好的框架。因此，中国国际商会和美中贸易全国委员会呼吁两国政府高度重视双边投资协定，尽快形成共识，达成高水准的协议。
中国国际商会和美中贸易全国委员会承诺，将利用双方紧密合作伙伴关系来支持中美双边投资协定的达成，积极推动两国企业之间的投资合作，为世界两大经济体之间经贸关系的发展增添新的动力。
The US-China Business Council (USCBC) is a private, nonpartisan, nonprofit organization of more than 200 American companies that do business with China. For over four decades, USCBC has provided unmatched information, advisory, advocacy, and program services to its membership. Through its offices in Washington, DC; Beijing; and Shanghai, USCBC is uniquely positioned to serve its members’ interests in the United States and China.
China Chamber of International Commerce (CCOIC) is a nationwide business organization in China, representing the most dynamic and internationalized Chinese companies of all sizes, sectors, and regions, as well as national and local non-governmental organizations. It favors constructive engagement with foreign countries to eliminate trade and investment barriers and develop a rules-based commercial environment; improvement of business self-regulation in China and representation of China in the setting of international business rules and standards; advocacy for members whenever the Chinese or foreign government makes decisions that crucially affect corporate interests; spreading of business expertise to the development of Chinese economy, international business cooperation and the growth and prosperity of less developed countries.
