Chinese Ambassador Xie Feng Calls for Strengthened Economic Ties at US-China Business Council Gala

Keynote Address in Washington

Chinese Ambassador to the United States Xie Feng delivered a keynote speech at the US-China Business Council (USCBC) gala held in Washington, D.C. The event, which marked a significant milestone for the organization, served as a platform for the Ambassador to address the current state of the world's most consequential bilateral relationship. In his remarks, Xie Feng emphasized that economic and trade cooperation remains the 'ballast' and 'propeller' of China-US relations.

Advocating for Economic Cooperation

During his address, the Ambassador highlighted the necessity of maintaining stable economic ties despite geopolitical challenges. He noted that the two nations share deep economic integration and that decoupling would be detrimental to both sides. Key points from his speech included:

• The importance of fostering a fair, just, and non-discriminatory business environment for companies from both countries.
• A call to manage differences through dialogue and consultation rather than confrontation.
• The potential for expanded cooperation in areas such as climate change, public health, and global economic stability.

Xie Feng stated, 'China is committed to high-standard opening up and will continue to provide a market-oriented, law-based, and internationalized business environment for foreign investors.'

Addressing Bilateral Tensions

The Ambassador acknowledged that the relationship has faced significant headwinds in recent years, characterized by trade disputes and policy restrictions. However, he urged the business community to play a constructive role in stabilizing the relationship. He remarked, 'We hope that the US-China Business Council and the American business community will continue to act as a bridge and a bond, helping to bring the bilateral relationship back to the track of sound and steady development.'

Looking Ahead

The speech concluded with a forward-looking perspective, emphasizing that the interests of the two nations are deeply intertwined. By prioritizing economic cooperation, the Ambassador suggested that both countries could better navigate global uncertainties. The event was attended by numerous business leaders, policymakers, and representatives from both nations, underscoring the continued importance of the US-China Business Council as a forum for dialogue between the two largest economies in the world.