ACCEPT Meets with Economic Team from US Embassy

Originally published in Chinese on April 9, 2021 by ACCEPT. Translated by ACCEPT.

Source: http://www.accept.tsinghua.edu.cn/2021/0409/c25a852/page.htm

On April 7, the Tsinghua University Academic Center for Chinese Economic Practice and Thinking (ACCEPT) met with an economic team from the US Embassy in Beijing. The meeting was attended by Jon Habjan, Acting Economic Affairs Minister-Counselor; Kristin Gilmore, Foreign Service Officer of the Economic Section responsible for studying China’s labor market; and Yu Xiangbing, Economic Specialist of the Economic Section. The ACCEPT team included Director David Daokui Li, Executive Deputy Director Li Ke’aobo, and additional researchers.

The meeting included exchanges on China’s dual circulation development pattern, trends in China’s urbanization, strategies for expanding the middle-income population, and state-owned enterprise reform, as well as prospects for the US’s post-COVID recovery and infrastructure investment plans under the Biden administration. The ACCEPT team emphasized that the US should earnestly consider the role of government in a modern economic system, suggesting that there are many lessons worth drawing from China’s experience. Additionally, ACCEPT advocated for more focus on pragmatic economic cooperation between the two countries, with less of a focus on ideological questions. Through the exchange, both sides improved their understanding and knowledge of each other’s respective economic situations.