CGCC-USA and AmCham China Host Enterprise Dialogue on US-China Local weather Change Cooperation

NEW YORK, Dec. 23, 2021 /PRNewswire/ — On the United Nations COP26 local weather summit in November, the U.S. and China issued the joint Glasgow Declaration on enhancing local weather actions. The assembly of President Biden and President Xi following the convention confirmed their intent to collaborate on crucial challenges, set a clearer path, and supplied additional impetus for a extra cooperative bilateral relationship. With the 2 leaders conducting a complete and in-depth change over each strategic and elementary points regarding bilateral relations, the assembly despatched a protracted overdue optimistic sign regarding U.S-China financial and local weather cooperation.

CGCC-USA and AmCham China Host Enterprise Dialogue on US-China Local weather Change Cooperation

Inspired by the optimistic momentum for this vital partnership, on Thursday, December 16, 2021, China Basic Chamber of Commerce – USA (CGCC-USA) and the American Chamber of Commerce in China (AmCham China) was honored to efficiently manage the “Tackling Local weather Change Collectively: U.S.-China Enterprise Dialogue” webinar. This was the primary of the joint occasion sequence to be co-organized by the 2 organizations, exploring how the worldwide enterprise neighborhood can create a optimistic trajectory for U.S.-China local weather collaboration.

Over 100 member corporations of each Chambers attended and had the chance to listen to from Alan BEEBE, President of AmCham China, and Chen XU, Chairman of CGCC-USA, President & CEO of Financial institution of China USA, on the enterprise sector’s function and tasks within the bilateral collaboration on local weather motion.

Mr. Beebe acknowledged the importance of this significant occasion, expressing that “it’s a privilege to debate one of many few potential areas of U.S.-China cooperation with our counterparts at CGCC-USA. Local weather change is agnostic to politics and borders, however it’s time delicate. The non-public sector ought to play a job in U.S.-China local weather collaboration.” Mr. Xu echoed his phrases on the CGCC-AmCham partnership and additional indicated that “world partnerships are the one viable answer to crucial local weather points, and it’s of the utmost significance for the U.S. and China to create a collective agenda on environmental safety and a brand new inexperienced economic system that can profit all residents of each nations and the globe.”

Following the remarks, Mr. Beebe moderated a panel of enterprise executives together with Linhua GUAN, CEO of Surge Power America, Yongqing (Judy) ZHANG, Vice President of Company Affairs at PepsiCo, and Xiaojun (Dennis) HUANG, Govt Vice President at Financial institution of China USA. The dialogue emphasised alternatives in gentle of COP26 for U.S.-China partnerships and world collaboration, with a give attention to the significance of gradual transitions to inexperienced finance, renewable vitality and investments in uncared for areas of inexperienced expertise. The panelists responded to questions from the viewers on concrete actions and greatest practices that the non-public sector can take to profit from the present worldwide momentum round local weather motion.

The urgency to resolve local weather change and the magnitude of its affect name for world and inclusive options, in addition to a deeper and wider participation of the enterprise sector in a wider socio-economic improvement method. With local weather points being one of many many potential areas of cooperation between the 2 nations, Chamber representatives and audio system stated they continue to be optimistic in regards to the prospects of the U.S.-China relationship and financial exchanges. Each the CGCC 2021 Enterprise Survey Report on Chinese language Enterprises within the U.S. and the AmCham 2021 China Enterprise Local weather Survey Report confirmed that corporations are assured and dedicated to cooperation between the U.S. and Chinese language markets, and are optimistic a couple of mutually helpful, secure, equitable, and sustainable relationship over the long run.

As an outdated Chinese language saying goes, “lengthy and tough because the journey could also be, sustained actions will take us to the vacation spot” (道阻且长,行则将至). Striving in direction of the shared mission to create worth, generate financial development, and improve cooperation between the U.S. and Chinese language enterprise communities, audio system on the occasion stated they have been inspired by the candid, constructive, substantive, and productive assembly between Presidents Biden and Xi.

Efficiently kicking off their joint occasion sequence, each organizations hope to proceed being the bridge connecting enterprise exchanges and cooperation between the U.S. and China, in addition to to foster continued dialogue between the leaders and enterprise communities of the 2 nations.

About CGCC
Based in 2005, China Basic Chamber of Commerce – USA (“CGCC”) has been acknowledged as the most important and most impactful non-profit group representing Chinese language enterprises within the U.S. As an impartial, non-partisan, non-governmental chamber of commerce, CGCC gives a broad vary of applications, companies, and sources to over a thousand multinational members throughout the U.S., with a mission to create worth, generate financial development, and improve cooperation between the U.S. and Chinese language enterprise communities.

About CGCC Basis
Established in 2014, CGCC Basis is a 501(c)(3) tax-exempt group. The mission of CGCC Basis is to deepen mutual understanding and cooperation between the US and China by analysis, public charity and engagement in financial, cultural and social exchanges.

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SOURCE China Basic Chamber of Commerce – USA

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