China's Commerce Minister Wang Wentao spoke on the telephone with U.S. Commerce Secretary Gina Raimondo on Tuesday, according to China's Ministry of Commerce.
The two senior commerce officials conducted candid, in-depth and pragmatic communication on economic and trade issues of respective concern, with a focus on the implementation of the important consensus reached between the two heads of state of China and the United States at the San Francisco meeting.
The phone conversation is an arrangement under the communication mechanism between the two commerce departments.
The San Francisco meeting has set the direction for the development of China-U.S. economic and trade relations, said Wang.
The commerce departments of the two countries have maintained close contact at different levels, said Wang, adding that positive progress has been made in expanding cooperation, managing differences, and addressing specific business concerns.
China-U.S. economic and trade relations should become the "ballast" in bilateral relations, he said.
Wang said that China is willing to work with the United States on the basis of mutual respect, peaceful coexistence, and win-win cooperation to jointly implement the consensus reached at the San Francisco meeting, and put China-U.S. relations back on the right track.
Wang expressed serious concerns about the U.S. policy towards China on semiconductors and restrictions on Chinese connected vehicles.
It's necessary to clarify national security boundaries in the economic and trade field, as it is conducive to maintaining the security and stability of global industrial and supply chains, and creating a favorable policy environment for cooperation between the business communities from the two countries, Wang stressed.
China urged the U.S. side to pay attention to the specific concerns of Chinese enterprises, promptly lift sanctions on Chinese companies, and improve the business environment for Chinese companies in the United States, Wang said.
Chinese commerce minister, U.S. commerce secretary talk by telephone
Chinese commerce minister, U.S. commerce secretary talk by telephone
Chinese commerce minister, U.S. commerce secretary talk by telephone
Macao has been emerging as a global hub for conventions and exhibitions in recent years by exploring the enormous opportunities in the sector, driving the region to advance its economic diversification and embrace a brighter future.
Macao has received many awards this year, such as the Best Convention City (Asia) and the Best BT-MICE City, showcasing the recognition for and influence of Macao's exhibition industry.
More than 1,000 electronic game enthusiasts from all over the world gathered recently in Macao to participate in a esports themed event.
Su Zhili, organizer of the event, said that Macao's rich experience in hosting large-scale events, coupled with its good infrastructure, has driven him to choose the region as an ideal destination to hold such an activity.
"Macao has held many similar large-scale events. It has rich experience, and the facilities at the venue are relatively mature, so we can start our work comfortably," said Su.
During the first three quarters of 2024, Macao held more than 1,000 conferences and exhibitions in total.
"We will invite more professional, special conferences to be held in Macao and also cultivate more exhibition brands with international influence in Macao, so as to promote Macao's exhibitions to be more market-oriented, professional, international, digital and greener from various aspects. This is our goal," said Elaine Wong, member of the Macao Commerce and Investment Promotion Institute.
In addition, multiple large exhibitions and conferences, such as the Macao International Trade and Investment fair, the Macao Franchise Expo, and the International Infrastructure Investment and Construction Forum, are held regularly in Macao.
With the introduction of a series of policies and measures to facilitate the exchanges between the mainland and Macao, as well as the construction and development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Macao's convention and exhibition industry will embrace more opportunities for development in the foreseeable future.
"We have such a good industrial base in the Greater Bay Area. The mode of 'Convention and Exhibition + Industry' not only integrates the industries of Macao, but also the industries of the Greater Bay Area. In addition, Macao actively integrates into the national development and plays a role in the Belt and Road. Why are we so confident in Macao's convention and exhibition sector? Because it is backed by the motherland, and the country gives Macao great support," said Alan Ho, chairman of the Macao Association of Convention, Exhibition and Tourism Sectors.
Macao emerges as global hub for conventions and exhibitions, driving economic diversification and international recognition