Ladies and gentlemen,
I would like to send a warm congratulations on the opening of the China-USA Agricultural Roundtable. I also express my gratitude to the Chinese People’s Association for Friendship with Foreign Countries and the US Heartland China Association for your many years of efforts for the subnational cooperation and friendly exchanges between China and the United States.
Both China and the United States are major agricultural producers and consumers. The United States is also the world’s largest exporter of agricultural products, while China is the largest importer. As a highlight of the pragmatic cooperation between China and the United States, agricultural cooperation is well-founded and largely complementary between our two countries. Since the Phase 1 trade agreement was signed in 2020, China has faithfully fulfilled its obligation to procure agriculture. As a result, our agricultural trade recorded a rapid comeback from the pandemic and trade frictions, rising to $ 46.54 billion in 2021, with China’s imports reaching $ 39.02 billion, an increase of 64.2% year-on-year. China now accounts for one-fifth of U.S. agricultural exports, more than any other country or region, enabling U.S. record-breaking agricultural exports last year. Last year, every U.S. farmer exported more than $ 11,000 of agricultural products to China on average. Agricultural cooperation best explains the win-win nature of our economic and trade relations. It also speaks to our highly complementary economic structures and deeply intertwined interests.
Ladies and gentlemen,
Agriculture is an important part of the friendly cooperation between China and the USA As our agricultural production increasingly faces constraints from population, resources and environment, and COVID-19 and climate change pose new challenges to global food security, deeper agricultural cooperation will not only benefit agriculture and people of both countries, but is also of great importance for global food security and agricultural development. As a Chinese proverb says, “the whole year’s work depends on a good start to spring.” As we fully embrace spring, I hope you will take the opportunity today to share ideas of innovative development and win-win cooperation in agriculture, so as to find new opportunities and add a new impetus to the healthy and stable development of relations between China and the United States!