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Premier Wen Jiabao looks for fair textile talks with US

13 Jul '05
3 min read

Gutierrez said the one-day annual meeting of the US-China Joint Commission on Commerce and Trade (JCCT) is a good meeting and the two sides had a "very honest and frank" dialogue during the session.

It "reflected a growing and strengthening partnership" between the two countries, he said, noting such cooperation will be a "true model" for the world.

Portman said the JCCT meeting resulted in steady progress in many fields. Johanns said he was optimistic about the future development of US-China agricultural trade.

At JCCT meeting, involving Chinese Vice-Premier Wu Yi and the US officials, were discussed a number of hot trade issues ranging from textile disputes to intellectual property rights protection.

Trade between the two countries has surged rapidly over the past years. In 2004, two-way trade hit 169.6 billion US dollars, about 69 times that the figure in early 1979 when China and the United States established full diplomatic relations.

The United States is now China's second largest trading partner after the European Union while China is the third largest trading partner of the United States.

The Sub-Council of Textile Industry, CCPIT

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