China’s outreach on trade wins some shipper support

The governments announced commitments by China to crack down on intellectual property rights (IPR) violators, legalize software, and reduce market access barriers.

By ·

The U.S. Chamber of Commerce has praised the administration’s efforts to deliver meaningful outcomes for American business at the bilateral dialogue to promote U.S.-China commercial relations.

The governments announced commitments by China to crack down on intellectual property rights (IPR) violators, legalize software, and reduce market access barriers. This year’s U.S.-China Joint Commission on Commerce and Trade (JCCT) was held as Chinese President Hu Jintao prepares to visit Washington next month.?

“China’s commitment to eliminate measures requiring local IP content and technology transfer as conditions to compete in its marketplace is a step forward,” said Myron Brilliant, senior vice president for International Affairs at the U.S. Chamber, following the 21st meeting of the JCCT.

“At the same time, we note that today’s promises must be measured not by words on paper, but by tangible progress on the ground. We urge both governments to quickly agree on metrics in future discussions that will quantify that new efforts are in fact translating into results.”??

According to the Chamber, results of the meeting demonstrate that the JCCT process continues to be a constructive one that benefits American companies and workers. In addition to progress on IPR, software, and market access, China also announced it would table a new offer in its negotiations to join the World Trade Organization Agreement on Government Procurement.?

In an interview with LM earlier this week, Jock O’Connell, Beacon Economics’ International Trade Adviser, noted that reliance on China’s manufacturing capability trumps most measures to expand trade.
“Our consumers are more concerned with buying cheap goods, than supporting new U.S.-based ventures,” he said. “We are in the grip of a cycle that values cost over quality.”

But Brilliant maintained that “confidence-building” measures in the commercial sphere—long the bedrock of U.S.-China relations—are the best antidote to rising concerns about the direction of the U.S.-China commercial relationship:

“We encourage both sides to seize the momentum generated at this year’s meeting to work towards resolution of outstanding issues, to resist protectionist impulses, and to open markets further to two-way trade and investment.”

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

China · Manufacturing · Technology · Trade · All Topics
Latest Whitepaper
Efficiency improvements in Track/Trace Enhances Customer Loyalty
Consumer satisfaction with the quality of your products is clearly important, but the service you provide before and after the sale is equally important to any business, but often overlooked as benefiting the bottom line.
Download Today!
From the October 2016 Issue
Over the past decade we’ve seen a major trend in regards to safety regulations for freight transport within the United States as well as for import and export shippers—that trend is the “international­ization” of rules and regulations.
European Logistics Update: Post-Brexit U.K. moving ahead, but in which direction?
Badcock Home Furniture &more: Out with paper, in with Cloud TMS
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
How API Technology Connects the Transportation Economy
Dynamic decision making is made possible through accurate, actionable data. When combined with progress in data science and the Internet of Things, technology companies that add value to direct-to-carrier APIs and combine them with high-power data analytics will create new concepts for the information economy.
Register Today!
Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....
25th Annual Masters of Logistics
Indecision revolving around three complex supply chain elements—transportation, technology and...

2016 Quest for Quality: Winners Take the Spotlight
Which carriers, third-party logistics providers and U.S. ports have crossed the service-excellence...
Regional ports concentrate on growth and connectivity
With the Panama Canal expansion complete, ocean cargo gateways in the Caribbean are investing to...