久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Surging Chinese investment brings more jobs to local Americans

Xinhua | Updated: 2017-05-18 13:24
Share
Share - WeChat

NEW YORK - For Rachel McGaw, an office manager who lives in a US rust-belt town of Illinois, working for a Chinese company is more rewarding than a US one.

"I enjoy working here. I like my salary, I like my hours. I feel more valued because the company takes me and my feeling and my family into consideration," said the employee at Wanxiang New Energy, the solar division of Wanxiang America Corporation.

More investment more jobs 

McGaw is just one of thousands of local workers employed at Wanxiang who would otherwise be jobless.

The corporation entered the US market in 1994, the year General Motors went to China to start their operations in China.

It now has 28-plus plants, runs in more than 20 sates in the United States, and employs more than 18,000 people. Only about 10 employees are dispatched from China, and the rest are all local.

Over the years, Wanxiang has acquired many firms on the brink of bankruptcy, Ni Pin, president of Wanxiang America, said, "we saved a lot of jobs."

While China and job losses are discussed as one and the same by certain parties on Capitol Hill, the reality could not be more different. Chinese companies are opening new plants and hiring people in America - a scenario largely absent from the rhetoric of some US politicians.

Chinese companies now employ more than 140,000 Americans, according to the latest report released by the National Committee on US-China Relations (NCUSCR) and Rhodium Group.

Already on a steep growth trajectory for the past five years, Chinese investment in the United States jumped to $46 billion last year, a 200-percent increase from the previous record of $15 billion set in 2015, the newly updated report on China's US investments showed.

In addition, the report named "New Neighbors 2017" showed that by the end of 2016, 425 out of 435 Congressional Districts hosted Chinese-owned companies.

In 2016, Chinese investors further expanded and deepened their footprint in the United Sates, according to a separate report released on Wednesday by NCUSCR and Rhodium Group.

US coastal states, such as New York and California were still the major beneficiaries of Chinese investment, while South and Midwest states also received significant Chinese investment last year.

In New York, the Alexander Hamilton Bridge that crosses the Harlem river has gone through a major widening and rehabilitating project done by China Construction America. The 550-foot-long steel arch main bridge now carries 10 lanes of traffic instead of eight, with its support piers and foundations reinforced and new drainage installed.

The Chinese construction company started its business in the United States in 2000 with only 12 employees and less than $10 million of annual revenue.

In 2016, it employed around 2,000 workers, 98 percent of whom are Americans. Its revenue jumped to $2 billion.

In Moraine, Ohio, more than 2,000 people are working at a nearly 470,000-square-meter glass fabrication factory housed in General Motors' former assembly plant.

The plant used to employ thousands of people making SUVs and trucks, but was closed in 2008 as a financial crisis wiped out jobs across the industry.

Fuyao is one of the world's largest auto glass makers and has a 22-percent market share in the United States. Its investment in Moraine is the largest Chinese investment in Ohio history and the eighth-largest direct foreign investment in the United States over the last decade.

As it expands its market in the country, it will create more manufacturing jobs. And these jobs are certainly needed in the Midwest.  

Rebirth of community

Stephen A. Orlins, president of the National Committee on US - China Relations, was quite emotional when recalling the factory's grand opening.

He said it signaled the rebirth of a community and at the moment he knew he had glimpsed "the promised land of a constructive US -China relations."

Chinese companies in the United States are bridging bilateral economic ties and cultural exchanges in their own ways.

In addition to creating job opportunities for local Americans, Wanxiang also makes sure that every penny the company makes in the United Sates will be invested into local community.

"In our company there are four stakeholders, shareholder, employee, customer and local community," said Ni.

He said Wanxiang has always embraced globalization and that the company has contributed immensely to prosperity of local communities.

Drawing on Wanxiang's experience, Ni said globalization brings more opportunities for growth and development in local communities, rather than damaging local economy as some have feared.

Fuyao, on the other hand, pair Chinese employees with American employees for them to learn languages and exchange ideas and techniques. The company also invited American employees to visit its plants in China.

"Bilateral investment is a cultural as well as economic bridge between countries because it makes commerce a platform for the exchange of ideas," said Orlins on Wednesday at an event for the release of the report named "Two-Way Street: 2017 Update US - China direct Investment Trends."

"What used to be a one-way street - with money flowing predominantly from the United States to China - is now a two-way highway with tens of billions of dollars in annual FDI flowing in each direction," said the report.

According to the report, the cumulative value of US FDI transactions in China reached over $240 billion by the end of 2016, while the cumulative Chinese FDI in the US totaled $110 billion in the same period.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 午夜成年女人毛片免费观看 | 成人a免费α片在线视频网站 | 男人的天堂免费视频 | 老人久久www免费人成看片 | 亚洲va精品中文字幕动漫 | 国产成人a毛片在线 | 久久视频精品线视频在线网站 | 国产一级视频在线观看 | 欧美日韩亚洲一区二区三区在线观看 | 亚洲国产精品久久久久 | 久久88香港三级台湾三级中文 | 亚洲欧美日韩在线一区二区三区 | 99热久久国产精品免费观看 | 亚洲欧美极品 | 国产八区 | 国内免费视频成人精品 | 亚洲成年人专区 | 中国国产一国产一级毛片视频 | 日本在线亚州精品视频在线 | 国产精品久久久久久久久久久搜索 | 国产成人在线免费视频 | 大陆60老妇xxxxhd| 成人日韩在线观看 | 日韩精品一区二区三区中文在线 | 一级做a爱久久久久久久 | 97超级碰碰碰久久久观看 | 成人免费一区二区三区视频软件 | 中文字幕精品一区二区三区视频 | 99精品视频99 | 久久99这里只有精品国产 | 一本大道香蕉久在线不卡视频 | u影一族亚洲精品欧美激情 va欧美 | 国产伦精品一区二区三区四区 | 日韩一区二区在线免费观看 | 国产午夜a理论毛片在线影院 | 久草在线视频免费播放 | 欧美大片无尺码在线观看 | 可以免费观看欧美一级毛片 | 小屁孩cao大人免费网站 | 亚洲 欧美 日韩中文字幕一区二区 | 香港三级日本三级妇人三级 |