(Washington Composite Electric) U.S. Treasury Minister Yellen plans to visit China again in 2024. As for the continued tension of US -China relations, we will maintain communication and deepen mutual trust and cooperation with Beijing.
Yellen on Thursday (December 14) at the 50th anniversary celebration of the National Committee of the US -China Trade National Committee in Washington, I mentioned that she will visit China for the second time as a finance minister next year.Key topics such as foreign investment, industrial subsidies and national security are one of the "maintenance of clear communication" with Beijing.
Yellen shows that the United States will continue to implement export control and investment restrictions on China, but she emphasizes that maintaining connection with China is important to help avoid a series of potential crises in the fields of diplomacy to finance.She said that the United States does not seek to solve all differences and exempt all impacts. The goal of Washington is to make the two countries communicate more tough and flexible, prevent misunderstanding of misjudgment and cause the situation to upgrade and cause damage.
She also said: "Understanding China's plans, especially how China intends to respond to the challenges of local government debt and real estate market, or the response strategy when economic accidents are weak, which is crucial for American decision makers."
In his speech, Yel London urged Beijing to increase the transparency of some non -market economy behaviors, improve the exchanges of bilateral financial regulatory agencies, and strengthen cooperation in climate change.
She also called on Beijing to abandon the state -led economic policy, saying that "the role of state -owned enterprises and security institutions is too large, which will hinder economic growth and investment."In April of this year, Beijing announced the implementation of a new revised anti -spy law from July 1, giving officials to more official power to crack down on behaviors that endangers national security.
Yellen quoted a new survey that the revised anti -spy law caused a cold -cicada effect to foreign investment, referring to a number of companies planned to move some businesses out of China.Year.
Xie Feng, the Chinese ambassador to the United States, read the Chinese official congratulatory letter, and Chinese officials pointed out that "strengthening Sino -US trade cooperation has great potential."
Xie Feng emphasized in his speech that China will unswervingly promote high -quality development, unswervingly promote high -level openness to the outside world, and create a marketization, rule of law, and international business environment.Chinese -style modernization will bring more opportunities to enterprises, including US companies.
In July this year, Yellen visited China for four days. She said that the trip was successful, and the two sides discussed some issues with major differences.Three months later, Yellen met with He Lifeng, a Chinese deputy prime minister in charge of the economy in charge of the economy in San Francisco. Both sides emphasized not to seek economic decoupling.
