China News Service, Shanghai, March 1 (Reporter Xu Jing) On the occasion of the 50th anniversary of the publication of the Sino-US "Shanghai Communiqué", business people in China and the United States have expressed that they will follow the trend, embrace the diversified changes in the Chinese market, and achieve a win-win situation with the Chinese market. He also stressed that the sound and stable development of US-China economic and trade relations is in line with the fundamental interests of the companies of the two countries.

The 50th anniversary of the publication of the "Shanghai Communiqué" was held in Shanghai.

Photo by Chen Zhengbao

　　The publication of the "Shanghai Communiqué" marked the beginning of the normalization process of Sino-US relations, and also opened the prelude to Sino-US economic and trade cooperation.

　　Zheng Yi, president of the American Chamber of Commerce in Shanghai, said that since China's reform and opening up, a large amount of American capital and technology has entered China, which not only allows American companies to reap the dividends of China's development, but also helps Chinese people improve their quality of life.

　　Founded in 1915, the American Chamber of Commerce in Shanghai, of which Zheng Yi serves as the president, is the largest American Chamber of Commerce in China and Asia, with more than 1,000 American corporate members.

　　"American-funded enterprises in China pay attention to the 50th anniversary of the 'Shanghai Communiqué' and actively participate in it. We hope that the relationship between the two countries will continue to develop well." Zheng Yi said that the signal released by the commemorative activities should be transmitted to the United States, so that more United States can continue to develop. The people know that history.

　　Zheng Yi said frankly that the American Chamber of Commerce in Shanghai has been conveying "accurate and practical" information about China to policymakers in Washington. "What we convey is the most authentic experience of American companies operating in China."

　　In September 2021, a survey report jointly sponsored by the American Chamber of Commerce in Shanghai and PricewaterhouseCoopers showed that most American companies in China are confident in the Chinese market, and 78% of the respondents are optimistic about their business prospects in China in the next five years, 60 % of companies indicated that they would increase the scale of investment in China, and a large number of companies regarded China as the primary destination for global investment.

　　The report also pointed out that speculation that some U.S. companies may move production or supply chains out of China after the new crown epidemic is unfounded, and 72% of companies have no plans to move any production activities out of China in the next three years.

Zheng Yi, chairman of the American Chamber of Commerce in Shanghai.

Photo by Xu Jing

　　Zheng Yi also emphasized that there is currently no "obvious" trend of US-funded companies withdrawing from China, and China is the most important market for many US multinationals.

　　As the place where the "Shanghai Communiqué" was published, Shanghai is an important node city in the diplomatic history of China and the United States, and attracts foreign investors with its unique location advantage and business atmosphere.

　　Zheng Yi felt that the government of Shanghai and the Yangtze River Delta region attaches great importance to the construction of business environment.

He said that the Shanghai Municipal Government is very efficient, and member companies can help them pragmatically when they encounter problems.

　　"If our member companies develop well in China, they can make positive contributions to the local economy, employment, and taxation. In many cases, the interests of the government, chambers of commerce, and enterprises can be aligned," said Zheng Yi.

　　In the US-funded enterprises in China, they also use their own decisions to confirm what Zheng Yi said.

They have increased investment and participated in the deep cultivation of the Chinese market.

Huang Yuan, Vice President and General Manager of Asia Region of Clover.

Photo by Shen Hai

　　According to Huang Yuan, Vice President and General Manager of Asia Region of Careers, the relationship between Careers and China can be traced back to 1979. The predecessor of the company was the first company to sell automobile battery manufacturing equipment and technology and conduct commercial trade in China after the establishment of diplomatic relations between the United States and China. of American companies.

　　"The Chinese market is the biggest growth engine for the company's global business." Huang Yuan said that the good relationship between the United States and China is very important to the commercial trade between the two countries. It is extremely significant.”

　　Ammon, CEO of Qualcomm, who has been doing business in China for more than 25 years, said that he has established a very deep partnership with Chinese customers and partners for decades.

"I firmly believe that a closer partnership between U.S. and Chinese tech companies will be the greatest stabilizing force between the two countries. That's what we've been working on."

　　In 1972, when the then US President Nixon visited China, he brought the products of Hach, a subsidiary of Danaher Group, into China, and Hach products entered the Chinese market in the form of government procurement.

For decades, Hach has participated in a number of major domestic projects, including the Beijing Winter Olympics, post-earthquake water quality monitoring in Yushu, Qinghai, the South-to-North Water Diversion Project, and the Shanghai High-quality Drinking Water Demonstration Project.

　　"Today, the Chinese market is an important part of Danaher's global business. It is not only an important sales market, but also a production base, R&D center, and innovation center." said Wei Chunyan, vice president of Danaher's Chinese government affairs, this year. This is the fifth consecutive year that Danaher has participated in the CIIE, which fully reflects Danaher's firm determination and constant commitment to the Chinese market.

　　Wei Chunyan said that as an "old friend" of the CIIE, Danaher will use this excellent platform to work together with global partners to further strengthen exchanges and resource sharing, as well as multi-party cooperation and exchanges between government, enterprise, industry, academia and research.

　　Business people in China and the United States realize that, 50 years later, although the global landscape and U.S.-China relations have actually undergone many changes, there are still opportunities and space for cooperation in the new environment. Mutual respect and resource sharing can bring benefits to both parties. Great returns.

　　Zheng Yi believes that U.S.-China trade and economic cooperation will not stop, and U.S.-funded companies can do many things.

He said that both the American Chamber of Commerce in Shanghai and himself are willing to be a good "bridge" between the United States and China, not only to help more American companies develop in Shanghai, but also to bring the voice of "the United States and China to be friendly" back to Washington for policy formulation. By.

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