第二，互利共赢是中美经贸合作的最大特点。有一种观点认为，美国在两国经贸合作中吃了亏，而中国占了便宜。事实并非如此。40年来特别是建交33年来，中国从发展中美经贸关系中固然收益良多，美国也同样获利丰厚。所以中美双方都是赢家，是实实在在的互利双赢。

Second, mutual benefit has been the most salient feature of China-US economic and trade cooperation. There is a view which suggests that China is the winner and the United States the loser in bilateral economic and trade relations. Such a view does not square with facts. China has indeed benefited a lot from its growing business ties with the United States over the past 40 years, especially the past 33 years since the establishment of diplomatic relations. So has the United States. Both China and the United States are winners. This is a truly win-win situation.

首先，美国从中国进口的大量质优价廉的产品，提高了美国民众实际消费能力和生活水平，为美国经济保持增长提供了助力。据美中贸易全国委员会公布的研究结果，中美经贸合作促进了美国经济增长，使美国消费品价格相对较低，这相当于美国每个家庭每年可支配收入增加1000美元。

First of all, the large import of quality and inexpensive goods from China has helped the American people improve their real spending power and living standards and contributed to the efforts of the United States to maintain growth. According to the findings of the US-China Business Council, economic cooperation and trade with China has served to propel economic growth and keep consumer prices relatively low in the United States. Business cooperation with China has, in effect, added an extra US$1,000 to the annual disposable income of each American household.

其次，日益密切的中美经贸关系为美国创造了大量就业机会。据不完全统计，2001年至2010年，美国对华出口共为美国增加了300多万个就业岗位。中国在美投资企业也为促进美国就业作出了贡献。比如，中国海运集团在洛杉矶投资兴建的中海运西港池码头连同配套服务行业，共为美国创造就业机会近1万个。中国万向集团在美投资的近30个项目，为美国创造就业机会近5000个。中国海尔集团自1999年在美国南卡罗来纳州建立中国海尔工业园以来，为坎登市创造了上千个就业岗位，该市每10个家庭中就有一个家庭有海尔的员工。更值得一提的是，2009年美国有一家著名跨国公司经营遇到严重困难，但这家公司在华合资企业产品销售额却占有中国市场最高份额，成为这家公司全球最大收入来源。正是在华合资企业的赢利给了这家公司宝贵的现金流和底气，使它得以重整旗鼓、重归股市，最终挽回了该公司及其上下游企业在美国境内数以万计的就业岗位。

In addition, the growing China-US business ties have created lots of job opportunities in the United States. Available statistics show that between 2001 and 2010, over three million new jobs were created in the United States thanks to exports to China. Chinese companies in the United States have also contributed to job creation. For instance, the West Basin Container Terminal in Long Beach, Los Angeles, invested by China Shipping, has altogether offered nearly 10,000 job opportunities for the United States. China’s Wanxiang Group has invested in roughly 30 projects in the United States, providing some 5,000 jobs locally. The opening of the Haier Industrial Park in South Carolina in 1999 by China’s Haier Group has created over 1,000 jobs for the city of Camden, with at least one employee coming from every ten Camden households. Let me give you another example. In 2009, a renowned US multinational ran into serious difficulties. Yet its joint venture in China was the market leader, whose product sales represented the largest source of revenue for the parent company. The profits of its joint venture in China gave the company the much needed cash flow and confidence. It eventually pulled itself together and returned to the stock market, thus saving tens of thousands of jobs for the company and its associated businesses in the United States.

第三，结构互补是中美经贸合作的最大优点。中国拥有丰富的熟练劳动力和后发市场潜力，已发展成为当今世界主要商品制造基地；美国拥有最先进的高端制造业和现代服务业，又是世界最大的消费市场。中美经济结构的互补，既产生了内在的合作需求，也形成了巨大的合作利益。中国始终从战略高度和长远角度看待和处理中美经贸合作和摩擦，注重为中美经贸关系顺利发展创造条件、解决问题。两国建立了多个对话合作机制，就双方共同关心的全局性、战略性、长期性问题及时、深入交换意见，为两国凝聚共识、化解分歧、推进合作发挥了重要作用，也为促进世界经济强劲、可持续、平衡增长以及加强全球经济治理作出了积极贡献。

Third, structural complementarity is the greatest advantage in China-US economic and trade cooperation. China’s large reserve of skilled workforce and its potential as a late starter in the market make China a major manufacturing base in the world. The United States, on its part, boasts the most sophisticated high-end manufacturing industry and modern service industry, as well as the world’s biggest consumer market. Our two economies are cut out for each other, making our cooperation all the more necessary and all the more beneficial to both sides. China views and approaches China-US economic and trade cooperation as well as frictions from a strategic and long-term perspective. We have worked hard to offer the necessary conditions for the smooth growth of our business ties and address problems that have occurred. The various bilateral dialogue and cooperation mechanisms have enabled us to conduct timely and in-depth exchange of views on overarching, strategic and long-term issues of shared interest. They have played an important role in helping us build consensus, resolve differences and advance cooperation, and contributed to promoting strong, sustainable and balanced growth of the world economy and strengthening global economic governance.

女士们、先生们！

Ladies and Gentlemen,

2011年，中国国家主席胡锦涛同奥巴马总统一道确定了两国建设相互尊重、互利共赢的合作伙伴关系的大方向，充分体现了新形势下中美关系的特点与要求。在新的历史起点上推动互利共赢的中美经贸关系持续健康稳定发展，是两国政府的共同责任，也是两国企业的共同期待。为此，我提出以下4点建议。

The agreement reached between President Hu and President Obama in 2011 on building a China-US cooperative partnership based on mutual respect and mutual benefit fully captures the features and requirements of China-US relations under the new circumstances. We now stand at a new historical starting point. To promote sustained, sound and steady growth of mutually beneficial business ties is the shared responsibility of our two governments, and it represents the wish of the business communities in both countries. In this connection, I propose we take steps in the following four areas:

第一，把握市场机遇，促进贸易平衡发展。中国政府在2011年至2015年的国民经济和社会发展第十二个五年规划期间，将加快转变经济发展方式，推进经济结构调整，实行扩大内需战略，鼓励更多消费、更多进口、更多向海外投资、更多创新创造；美国政府正在实施出口倍增计划，积极引进海外投资。两国宏观经济政策的相向而行为深化经贸合作提供了新的重要机遇。2012年是中国实施“十二五”规划承上启下的重要一年。中国经济将按照稳中求进的总基调，继续保持平稳较快发展，而决不会出现所谓“硬着陆”。预计到2015年中国社会消费品零售总额将达到32万亿元人民币，约合5万亿美元，国内市场规模将位居世界前列，进口规模累计有望达到8万亿美元，对外投资将超过5000亿美元，这将给世界各国带来巨大商机。希望美国把握机遇，扩大具有竞争优势的民用高技术产品对华出口。

First, we need to seize market opportunities and promote balanced trade growth. In the 12th Five-Year Plan period from 2011 to 2015, the Chinese government will speed up the shift of economic growth model, accelerate economic restructuring and implement the strategy of expanding domestic demand. We will encourage more consumption, import, outward investment and innovation. The US government is implementing the National Export Initiative and vigorously attracting overseas investment. These mutually complementary macroeconomic policy goals offer new important opportunities for China and the United States to deepen economic cooperation and trade. The year 2012 is a crucial year for the implementation of the 12th Five-Year Plan. China’s economy will make progress while maintaining stability and continue to achieve steady and robust growth. There will not be a "hard landing". By 2015, China’s total retail sales of consumer goods are expected to reach 32 trillion RMB yuan or about US$5 trillion, its domestic market will become one of the largest in the world, its total imports are expected to surpass US$8 trillion, and its outbound investment will exceed US$500 billion. This will create enormous business opportunities for countries around the world. We hope that the United States will seize these opportunities to increase the export of competitive civilian high-tech products to China.