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Significant achievements in Sino-US economic and trade cooperation

Release time: 04-08-2016
Summary:

During US President Trump's visit to China on November 8, Chinese and American entrepreneurs signed a series of business contracts and two-way investment agreements in the Great Hall of the People in Beijing, with a total amount of more than 2 […]

During US President Trump's visit to China on November 8, Chinese and American entrepreneurs signed a series of business contracts and two-way investment agreements in the Great Hall of the People in Beijing, with a total value of more than 250 billion U.S. dollars, setting a new record for Sino-US economic and trade cooperation. . Among them, the two strategic cooperation agreements signed by the construction machinery industry are related to Xuzhou. Caterpillar and China National Energy Corporation establish a strategic cooperative relationship in which the former provides the latter with the most advanced mining equipment portfolio; according to the Letter of Intent of the Strategic Framework Agreement between Terex Public Utilities Equipment Company and Xuzhou Helunzhe Special Purpose Vehicle Co., Ltd. Helenzer will cooperate with Terex Public Utilities Equipment Company to produce 5,000 aerial work vehicles within five years, with sales of about 5 billion yuan. The signing of these two strategic agreements is of great significance to strengthening Xuzhou's status as the "China's Construction Machinery Capital" and driving the continuous upgrading of the equipment manufacturing industry.