Travel Diary: Secretary Clinton Highlights Importance of U.S. Exports While in Shanghai

Posted by DipNote Bloggers
May 23, 2010

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On May 23, 2010, Secretary Clinton visited the Boeing Maintenance Facility at Shanghai's Pudong Airport to promote U.S. aviation exports to China. She toured the facility and met with U.S. aviation exporters and other companies to discuss commercial opportunities in China, one of the fastest growing aviation markets. Industry forecasts predict a 300 percent increase in passenger traffic, from 230 million passengers in 2009 to 700 million passengers in 2020 -- and further doubling to 1.5 billion by 2030. Aviation continues to be the leading U.S. export industry.

Secretary Clinton highlighted the importance of U.S. exports to overseas markets, particularly in Asia, in support of President Obama's National Export Initiative, a government-wide effort to double American exports over the next five years and support two million U.S. jobs. The Secretary said:

"Greater economic engagement here and across Asia by U.S. companies -- and especially rising exports -- help create jobs for American workers, and also for workers in China and throughout Asia. These jobs also contribute to higher standards of living for Asian consumers, and a more balanced global economy, which is good for everyone. That's one reason that President Obama launched the National Export Initiative to support the goal of doubling U.S. exports over the next five years and support two million American jobs.

"That is why I am pleased to have with us today our ambassador, Ambassador Huntsman, our consul general, Beatrice Camp, the president of the Export-Import Bank of the United States, Fred Hochberg, the Under Secretary of State for Economic Business and Agricultural Affairs, Bob Hormats, and other American officials who will be joining myself and Secretary Geithner in Beijing, starting this evening, for the second strategic and economic dialogue.

"For trade to work in any economy, and for it to produce the benefits we know that it can, there must be a level playing field where domestic and international companies can compete freely and openly. For example, transparency in rule making and standard setting, non-discrimination, fair access to sales to private sector and government purchasers alike, the strong enforcement of intellectual property rights, these are all vitally important in the 21st century global economy. That's what drives innovation, benefits consumers, and ultimately stimulates broad-based and sustainable growth. American companies want to compete in China. They want to sell goods made by American workers to Chinese consumers with rising incomes and increasing demand. We are seeking a win-win situation for our two countries."

Read the Secretary's full remarks here.

Comments

Comments

changes72
May 24, 2010

Lyncon writes:

my name is lyncon and I am one among those few millions who stood up.The mission is clear spoken and wirtten. its indeed the truth, NOW we act...if we are making the future we are consequently making history and its time to change it

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