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Jump-starting greater development potential for Sino-US relations

Editor: Li Kun 丨CCTV.com

09-18-2015 16:35 BJT

By Zhao Minghao, research fellow at the Charhar Institute in Beijing and adjunct fellow at the Chongyang Institute for Financial Studies at Renmin University of China

Chinese President Xi Jinping's upcoming visit to the US will stand out as significant, which will be crucial for bridging differences and strengthening cooperation of both sides.

Currently, the global economy is facing some turbulence. Security challenges, such as the recent refugee crisis in Europe, have emerged as a serious international concern. Accordingly, China-US relations would play a vital role to enhance the well-being of citizens from both nations, while capturing global attention as well.

Nonetheless, some "negative energy" has highlighted Sino-US relations recently. There are tremendous disagreements on issues of the South China Sea, cyber-network security and other matters. In 2016, the US presidential election will usher in a new leader in the White House.

Many Republican and Democrat Party presidential candidates may likely engage in "China bashing" on the campaign trail, in order to blame Beijing for "troubles" in America's homeland. Some strategists argue that the rise of China poses a long-term threat to the US.

China may even be a more powerful opponent than Russia or Islamic countries. Those analysts claim that Washington should confront Beijing with tougher measures.

Additionally, international experts are growing more wary about prospects for China-US relations. Some said that the two countries cannot avoid an inevitable global "strategic rivalry."

Apparently, China-US relations has become one of the most important bilateral relationships in the world, but will likely become one of the most controversial too. Not surprisingly, such negative views have been aired publicly, but that will not change the overall positive direction of bilateral relations.

Actually, when people discuss "friction, tensions and conflicts" in China-US relations, they tend to ignore "the other side of the coin" that relations have expanded with deeper interdependence.

The two countries are nurturing new areas of cooperation. In the past nine years, China-US bilateral trade has more than doubled and China has become one of the fastest-growing export markets for the US.

In the past six years, Chinese enterprises’ direct investment in the US has increased by five times, and over 80,000 US employees are hired in related Chinese-funded companies. In its research report, the Rhodium Group, a US consulting firm, said that by 2020, China enterprises investment will have reached US$100-200 billion, which would create 200,000-400,000 jobs for Americans.

Meanwhile since last year, the travel visa the US extends to Chinese citizens will remain valid for a maximum of ten years. By the end of 2015 more than 5 million people, Chinese or American, are expected to travel to and from both countries. Each day, tens of thousands of people travel from both sides of the Pacific, and every 17 minutes there is one flight taking off or landing in either of the two countries.

Additionally, there are more than 240 pairs of sister provinces and cities between China and the US. Both nations have developed extensive exchanges for the mutual support of young talents, women’s leadership, children’s health and others.

Both sides have made major breakthroughs in the field of climate change. During November 2014 when the US president Barack Obama visited China, the two sides published a joint statement on climate change. Even the New York Times, a relentless critic of Beijing, said the historical agreement, "fundamentally changes the global politics which is associated with climate change."

The topic is moving away from "areas of conflict" to "highlight cooperation." Both sides are exploring how to promote world stability and prosperity by working hand in hand.

In 2014, the Ebola Outbreak erupted in many African countries and led to a serious humanitarian crisis. The two countries chose to work together. When Chinese aid materials arrived in Liberia, where the Ebola epidemic struck the hardest, rescue missions from the US military helped to unload and transport materials to the rescue site.

President Xi's visit to the US will help the outside world gain a better understanding on China-US relations. He intends to demonstrate a confident, open, tolerant and cooperative image of Beijing to Washington, which would be an unprecedented undertaking.

There is no ready-made experience and model to replicate. It is not a big fuss when there are difficulties. The China-US relationship is "too big to fail." To strengthen dialogue and cooperation is the right choice for both sides. President Xi's visit is expected to add more "positive energy" to Sino-US relations.

 

( The opinions expressed here do not necessarily reflect the opinions of Panview or CCTV.com. )

 

 

Panview offers a new window of understanding the world as well as China through the views, opinions, and analysis of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.

Panview offers an alternative angle on China and the rest of the world through the analyses and opinions of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.


 

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