More US Students will Return to China in the Coming Months
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The Chinese embassy in the United States announced that Qin Gang, the Chinese ambassador to the United States, said during his attendance at the Indiana Global Economic Summit in Indianapolis on May 26 that more American students will return to China in the next few months.
China will also continue to provide convenience for US business people to travel to China through the "Upgraded Fast Track"
"Be optimistic and do some homework," the Chinese Ambassador to the US Qin Gang said at the World Economic Summit in Indiana on how US companies should do business in China. Qin said the impact of the global pandemic is temporary, but strong demand in the Chinese market remains unchanged. He encouraged American businessmen to look at China's development plans to find new opportunities in China's priority industries.
“Do some homework. They are open and transparent. They can be found on Chinese government websites and social media. Find out how you can fit into the development of China's future," said Ambassador Qin.
He said Indiana is strong in industries such as agriculture, pharmaceuticals, and motors, all of which China has strong market demand. There is a demand for agriculture to diversify people's food sources by importing more from other countries as China has recently eradicated extreme poverty, Qin said.
For medical products, personal health is a priority industry for millions of middle-class Chinese to live longer and healthier lives, demanding more health products, Qin said. He said China is simplifying procedures for foreign pharmaceutical companies.
As for engines, Qin said that China produces half of the world's new energy cars, which requires more engines that are environmentally friendly and have fewer emissions.
"Companies in the U.S. can just look at the Chinese model” and find areas to invest and make profits, Qin said.
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