China and the US will achieve a win-win situation provided four bottlenecks in the Sino-US trade development is solved, says Yu Ping, Vice President of the China Council for the Promotion of International Trade at the China Enterprise Summit Forum in Beijing.

Yu says visa has become a serious hindrance for prompting the Sino-US trade, because a lot of management personnel and leaders of Chinese companies will not go to the US very often for business due to the fingerprint practice.

The US has not done enough work to push its export to China. The US government ought to promote export to China by using more resources.

The US has not done sufficient work in inviting investment from China. The US actually has demands to attract investment and there are some Chinese companies that are interested to invest in the US. Both China and the US should work together in this area.

The SMEs in the two countries need to strengthen cooperation. The SMEs needs assistance from all areas because they lack resources. However, individuals, governmental departments or trade associations are not likely to provide SMEs with comprehensive services. Both China and the US need to work together in this regard.

Responding to Yu's remarks, the US Under Secretary of Commerce Grant Aldonas says China is an important strategic partner of the US in the world. The US is willing to build a strong monetary market for China. He says they need to seek an appropriate solution to the problems in trade.

By People's Daily Online