NEW YORK, Feb. 23 (Xinhua) – Closer economic cooperation between the United States and China is not only crucial, but also mutually beneficial, as the world’s two largest economies are highly interdependent, business leaders, diplomats and officials have said.
“China-US economic and trade relations are win-win in nature,” said the Chinese Ambassador to the United States, Qin Gang, in his video remarks at the annual New Year’s Gala of the China General Chamber of Commerce – USA (CGCC-USA) held here on Tuesday night .
Qin noted that China and the United States have “very complementary economic structures and deeply intertwined interests,” Qin stressed that “win-win cooperation is our only right choice.”
“We have broad common interests and a great potential for cooperation, especially in trade,” the Chinese diplomat said.
Qin urged the business community to continue to act as a “bridge and bond” between the two countries, to cultivate an objective and rational view on both sides and to tell the story of the cooperation.
“Our two nations have deep and long-standing interdependencies,” said Evan Greenberg, chairman and CEO of insurance company Chubb Limited.
“Two-way trade and investment between the United States and China are strategically important and in the interests of both our countries,” said Greenberg, who also sits on the board of the National Committee on US-China Relations and the US-China Business Council.
The US business leader believes that promoting productive economic relations should be a priority for governments and private sectors in the two countries, which will benefit both sides.
During the event, Guan Linhua, CEO of Surge Energy America, a Texas-based manufacturing and exploration firm, told Xinhua that China and the United States are quite complementary in the energy sector and enjoy great potential for collaboration.
New York Governor Kathy Hochul called China and the United States “amazing partners,” saying in her speech that it is crucial that “we continue to work together and our people are united in a common vision to give people a better life.” “
As many speakers at the event suggested, the two countries should strengthen cooperation and mutual understanding, while addressing differences through honest communication and dialogue.
Saddened by the strains and misunderstandings of bilateral ties in recent years, Ray Dalio, a recognized U.S. investor and founder of Bridgewater Associates, called for a concerted effort to promote mutual understanding and improve US-China relations.
“It is incumbent on all of us in both the public and private sectors to continue to reach out to greater human-to-people interaction between us,” Greenberg said.