Daily Times

BEIJING: Businesses in the world’s two largest economies were called on to seek common ground for cooperation amid political uncertainties at a US-China business leaders session held here Friday.

“It is more critical than ever that China and the United States find common ground given today’s uncertain political environment,” said former US Treasury Secretary Henry Paulson Jr.. “Private sector and subnational leadership in both countries is especially critical given the leadership change in the United States this year. Change often brings new political strategy,” he told the 2017 Annual Conference on Sustainability titled “Green Transformation: From Commitment to Action.” Government officials, business leaders and experts from China and the United States at the conference provided an in-depth look at the opportunities and challenges China faces as it undertakes a transition to a green economy. The conference was co-sponsored by the Paulson Institute and the China Center for International Economic Exchanges, with a focus on US-China business cooperation, regional collaboration, urban resilience, as well as innovative policies and tools for green development. During the session, Shu Yinbiao, head of the State Grid Corporation of China, expressed optimism about the future of China-US business cooperation.

“The State Grid Corporation of China has always attached great importance to exchanges and cooperation with US companies, and has set up a US subsidiary so as to build a bridge for that purpose,” Shu said.

Wang Shi, founder and chairman of China’ s real estate giant Vanke Co., Ltd, said he was too optimistic, “because first and foremost, we care so very much about each other.”