The United States welcomes Chinas economic growth, US trade representative, Rob Portman told reporters on Monday after meeting with senior Chinese officials including commerce minister Bo Xilai.
However, China also must recognise that such growth means that it must take on even more responsibility to the rules-based international economic system that has enabled that growth, Portman said.
China may have been meeting the very specific letter of the law but we would like to see more in terms of the spirit of the WTO, he said.
Portman urged China to open its economy further to foreign investment and US products, address limitations in market access that continue to hamper US companies seeking to participate in the Chinese market and act vigorously to address intellectual property rights (IPR) infringement.
WHAT US WANTS
| Protect intellectual property rights (IPR), remove trade barriers for foreign firms |
Open economy further to foreign investment and US products