Aviation and Energy Will be the Number One U.S. Export Growth

November 10, President Obama fly to Seoul from Jakarta, to attend the G20 summit, held two days after. Obama half before the trip to Asia, has helped “America” won the big one over ten billion U.S. dollars.

As Obama “Export doubling plan” one of the direct agents of the U.S. Department of Commerce Assistant Secretary Suresh Kumar also visited China this week, trying to independent research and development of China’s large aircraft program in the implantation of more “made in America.”

November 9, Suresh Kumar this week led a group of SMEs from the aviation field representatives visit the United States is to help the “Made in USA” parts in the Chinese aviation market to gain more share.

November 8, Kumar led a delegation visited Shanghai, China Commercial Aircraft in the limited liability company headquarters, then Kumar will also visit Beijing, Xi’an and other places, and Chinese government officials, while some SMEs in the U.S. airline industry is also will go to 16, the 2010 Zhuhai Air Show opened up for business.

China Commercial Aircraft Company was officially founded in 2008, the registered capital of 19.0 billion, is China’s homegrown large passenger aircraft, “the central army.” China Commercial Aircraft ARJ21 currently underway and two C919 aircraft research and development.

November 9, and China has entered flying a ARJ21 Zhuhai Air Show venue. ARJ21 is China’s first aircraft with independent intellectual property rights of turbofan regional aircraft, has now entered the final flight test phase and will be formally delivered in 2011. The C919 is the first homegrown large passenger aircraft, first flight in 2014.

Kumar told this newspaper that the current ARJ21 and C919 models have two-thirds of these two parts are from the United States, and he hoped that “the United States to create” independent research and development in China, the aircraft can plan for greater supply chain system share.

Kumar is directly nominated by U.S. President Barack Obama senior officials appointed by the Ministry of Commerce, is one of the U.S. “exports doubling plan” the first line of enforcement. His direct leadership of the U.S. Commerce Service (USFCS), has been established in 77 countries around the world in 127 offices, is responsible for promoting U.S. exports.

Kumar told this newspaper that he thought the airline and energy industry will be the next U.S. exports to China the two fastest-growing areas, from nuclear to wind, solar and other renewable energy has a significant room for growth, and China’s health care, water and education sectors also broad market potential. To promote exports to China in the future when, Kumar will focus on these areas first.

Kumar said the United States held in Washington next month, the Joint Commission (JCCT), the United States will be a discussion around these issues. “We want to discuss which areas can be adjusted to both of us, so that enterprises of both countries benefit. Let the Chinese access to technology, while the U.S. is also protected the interests of the company.”

“Export doubling plan” to send the success or failure in Asia

Barack Obama in the White House announced the four-nation tour of Asia, when no secret to Obama trip to Asia and the U.S. “exports doubling plan” closely related. Large harvest of billions of dollars in India alone, Obama will also work with South Korea this week, South Korea free trade agreement on (FTA), signed for consultations.

Obama “export doubling plan” core objective is to make U.S. exports to double in the next five years, which requires that U.S. exports to maintain an annual growth rate of over 15%. Kumar told this newspaper revealed that Obama made early next year plan to double exports, U.S. exports increased 18%, only slightly higher than the 15% growth target, while the U.S. exports to China over the same period the growth rate was as high as 37%, he expects the next six months will be to maintain rapid growth in bilateral trade.

But this year, Sino-US trade frictions remain, U.S. Secretary of State Hillary Clinton on many occasions recently to criticize China’s rare earth export policies, and even the White House said President Hu Jintao, 11, Obama and the G20 summit meeting in Seoul when discussing this topic may also be .

Kumar told this newspaper that he did not think that will maintain the RMB exchange rate after the earth has become a conflict between China and of the next issue.

Currently the foreign media has reported President Hu Jintao will visit the United States in January 2011 the news, Kumar told this newspaper that he is constantly with the Chinese Ministry of Commerce officials to keep the exchange. “We welcome President Hu Jintao visited the United States, and also welcomes Chinese business delegation he brought very much welcome them to U.S. investment.”

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