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China, U.S. Firms Sign over 10-billion-dollar Deals http://english.cri.cn/6826/2009/04/28/1601s479493.

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China, U.S. Firms Sign over 10-billion-dollar • Experts Calls for Cooperation and Reform on

Deals Capital Market


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2009-04-28 11:03:28 Xinhua Web Editor: Hu Weiwei
• Fewer Companies to Attend Guangdong Fair amid
Chinese and U.S. firms signed 32 trade and investment contracts on Monday worth some 10.6 billion U.S. Global Financial Crisis
dollars, which the U.S. Chamber of Commerce said will support U.S. economic growth and job creation. • China's Power Consumption Increases in the First
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Stock Exchanges
Nikkei 8,493.77 -2.67% Tue
Chinese and U.S. firms signed 32 trade and investment contracts on Monday worth some 10.6 billion U.S. dollars,
which the U.S. Chamber of Commerce said will support U.S. economic growth and job creation. Dow Jones 8,025.00 -0.64% Mon

"With businesses in both countries struggling, these deals come at a critical time and will help create jobs and
stronger commercial bonds between the United States and China," said Myron Brilliant, the chamber's senior vice Nasdaq 1,679.41 -0.88% Mon
president of international affairs, who presided over the signing ceremony.

Companies like China Mobile, Lenovo, Amway, Cisco, Dell, Emerson, EMC, Ford, Freescale and Hewlett-Packard S&P 857.51 -1.01% Mon
signed deals at the ceremony.
FTSE100 4,167.01 +0.27% Mon
"The Chinese government does not pursue a trade surplus with the U.S.," visiting Chinese Commerce Minister
DAX 4,694.07 +0.42% Mon
Chen Deming wrote in an article published on The Wall Street Journal on Monday.

"We will continue to encourage Chinese companies to import more from the U.S., and we will also welcome U.S. CAC40 3,102.43 -0.01% Mon
companies and trade-promotion agencies to be more active in China," said Chen.
Shanghai 2401.44 -0.16% Tue
Prior to the signing ceremony, the U.S. Chamber of Commerce and the China Chamber of Commerce for Import
Shenzhen 9104.30 +0.24% Tue
and Export of Machinery and Electronic Products hosted a forum, at which senior American and Chinese business
executives spoke about the importance of U.S.-China cooperation in addressing shared economic, geostrategic, HSI 14,555.11 -1.92% Tue
and environmental challenges.

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China, U.S. Firms Sign over 10-billion-dollar Deals http://english.cri.cn/6826/2009/04/28/1601s479493.htm

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