Beijing, November 1th, Zhu Guangyao, Vice Minister of Finance of China, said in Beijing on November 1th that in the process of signing commercial contracts and two-way investment agreements between China and the United States, China adhered to the market principle and enterprises led, and so did the United States. A contract with a huge amount is difficult to sign and even more difficult to implement if the enterprise has no real will.

At the briefing held in the State Council Press Office on the same day, Zhu Guangyao introduced that among the contract agreements signed between China and the United States on the 9th, the largest was the strategic cooperation framework agreement on shale gas industry chain development demonstration project signed by China National Energy Investment Group and West Virginia, involving more than 8 billion US dollars. Shenhua Group, the predecessor of the National Energy Investment Group, has done a lot of preliminary investment preparations in West Virginia. Such a large cooperation project is rare, and both sides hope to benefit from the cooperation. As far as the US is concerned, West Virginia is eager to promote employment and investment; China hopes to achieve mutual benefit and win-win in the process of participating in the development of shale gas industry chain in the United States.

Zhu Guangyao said that the numerous economic achievements reached this time include those that have overall and strategic guidance for Sino-US economic relations, those that further expand market access for both sides, and large commercial contracts, which will have a sustained, positive and healthy impact in the years to come. American enterprises are willing to participate more in China market and set up more factories in China. China enterprises are willing to invest more in the United States and cooperate with the United States in third countries. This all stems from the confidence in the other market and the development of the other party.

during the meeting between the heads of state of China and the United States in Beijing, China also announced relevant policies on financial market access and opening up. In this regard, Zhu Guangyao emphasized that the opening-up announced by China is decisive and has a great impact, whether in the securities industry, fund industry, banking industry or insurance industry. Financial regulators will formulate specific implementation regulations according to the laws and regulations of China. These policies were announced during the meeting between the heads of state of China and the United States, but they are open to all countries in the world, which is the principle of WTO. China, as an important member of the WTO, will unswervingly safeguard global free trade. The door to China's opening will not be closed, but will only grow wider.