USA: CHINESE VICE PREMIER WU YI SPEAKING AT THE FAIRMONT HOTEL IN WASHINGTON D.C. ON IMPROVING TRADE RELATIONS.
Record ID:
647824
USA: CHINESE VICE PREMIER WU YI SPEAKING AT THE FAIRMONT HOTEL IN WASHINGTON D.C. ON IMPROVING TRADE RELATIONS.
- Title: USA: CHINESE VICE PREMIER WU YI SPEAKING AT THE FAIRMONT HOTEL IN WASHINGTON D.C. ON IMPROVING TRADE RELATIONS.
- Date: 22nd April 2004
- Summary: (W2) WASHINGTON, D.C., UNITED STATES (APRIL 22, 2004) (REUTERS) 1. WS: CHINESE VICE PREMIER WU YI WALKS TO PODIUM. 0.05 2. WS: AUDIENCE LISTENING TO SPEAKERS. 0.07 3. SCU: (SOUNDBITE) (Mandarin) CHINESE VICE PREMIER WU YI SAYING "The U.S. does have a trade deficit with China and I fully understand the concern of the American side. I believe the key to the solution to the problem is to expand American export to China rather than restricting American import from China." 0.27 4. WS: AUDIENCE AND REPORTERS LISTENING. 0.33 5. SCU: (SOUNDBITE) (Mandarin) WU YI SAYING "I'd also like to point out that trade protectionism should be two-way and opening should be mutual. Trade protectionism has been on the rise recently in the U.S. and some other places and many Chinese products are unfairly treated. I'm gravely worried about that. Trade protectionism can never inject vitality into an economy or provide fundamental solution to the unemployment problem. I agree with Mr. Greenspan (U.S. Federal Reserve Chairman) that the urgent task for now is to cut off the spreading of trade protectionism." 1.10 6. WS: WU YI AT PODIUM. 1.15 7. SCU: (SOUNDBITE) (Mandarin) WU YI SAYING: "China revised its constitution over a month ago. It is provided in the new constitution that the state respects and protects human rights, protects the legitimate rights and interests of non-state owned economic entities and protects legitimate private property of its citizens from violation." 1.39 8. SCU: AUDIENCE APPLAUDING WU YI. 1.42 9. ZOOM OUT: WU YI ON PODIUM AS AUDIENCE APPLAUDS. 1.48 Initials Script is copyright Reuters Limited. All rights reserved
- Embargoed: 7th May 2004 13:00
- Keywords:
- Location: WASHINGTON, D.C., UNITED STATES
- City:
- Country: USA
- Reuters ID: LVA1414CQ14OHK52S899P5GAOXQH
- Story Text: The Vice Premier of China visits the U.S. in an
effort to improve trade relations.
Chinese Vice Premier Wu Yi was in Washington on
Thursday (April 22, 2004) for a meeting of the U.S.-China Joint
Commission On Commerce And Trade.
During her only major address in the United States, Wu
told an audience of about 400 people at the Fairmont Hotel:
"The U.S. does have a trade deficit with China and I fully
understand the concern of the American side. I believe the
key to the solution to the problem is to expand American
export to China rather than restricting American import
from China."
The Chinese Vice Premier then chided the U.S. for its
protectionism against Chinese products, saying, "I'd also
like to point out that trade protectionism should be
two-way and opening should be mutual. Trade protectionism
has been on the rise recently in the U.S. and some other
places and many Chinese products are unfairly treated. I'm
gravely worried about that. Trade protectionism can never
inject vitality into an economy or provide fundamental
solution to the unemployment problem. I agree with Mr.
Greenspan (U.S. Federal Reserve Chairman) that the urgent
task for now is to cut off the spreading of trade
protectionism."
Wu said China was making great strides to improve its
human rights effort, which some see as a barrier to
improved trade relations with the U.S. Wu said, "China
revised its constitution over a month ago. It is provided
in the new constitution that the state respects and
protects human rights, protects the legitimate rights and
interests of non-state owned economic entities and protects
legitimate private property of its citizens from
violation."
Wu's visit is being sponsored by the National Committee
on U.S.-China Relations of the U.S. Chamber of Commerce and
the U.S.-China Business Council.
- Copyright Holder: REUTERS
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