Some major deals between China and the U.S. have already been announced. General Electric in the U.S. and the state-owned China National Machinery Industry are teaming up for clean energy projects in Africa.
A three billion dollar fund for energy-efficient projects in China was announced, and a Chinese train firm is getting involved with building a high-speed rail link between Southern California and Las Vegas. It’s the first high-speed rail project in the U.S. with Chinese investment.
Top economic advisers to Chinese President Xi Jinping made a rare public appearance to tout new cooperation deals between U.S. and Chinese companies. It was in an attempt to highlight common interests ahead of what may be tense talks between China’s President Xi and U.S. President Barack Obama.
Advisers on Thursday unveiled new deals in energy and railways that include a tie-up between General Electric Co. and China National Machinery Industry Corp.
CCTV’s Wang Guang interviewed Penny Pritzker, U.S. Secretary of Commerce, about the possible economic highlights of President Xi and President Obama’s conversations.