China council for the Promotionof Internationai Trade (CCPIT)Chairman Wan Jifci and US Com-mcrce Acting Under Secretary for Interna-tional Trade Tinm Hauser signed a Memoran-dum of Understanding(MOU) on July 11,2005 to launch a new Sine-US InternationalParmer Network in 14 major business cen-tcrs across China. The MOU was signedduring the Sine-US Joint Commissiun onCommerce and Trade annual meeting.
As one of the cooperative items, China'sForcing Trade (English)magazine of CCPiTwill offer the services to the Chinese andUSA enterprises as the following:
1. Bimonthly issue thc Special Issue onSino-USA Trade of Chiua's Foreign Trade.Besides the regular issues, we will give freemagazine to the International Trade Officeof the US Department of Cnmmerce and theUS Commercial Service of the USEmbassador, and these institutions will trans-mit the magazinc to the relevant USA enter-prises and mtitutions.
2. Give the Chinese version of the USCommercial News which is issued by theInternational Trade Office of the US Depart-ment of Commerce to the relevant Cbineseenterprises and trade companies every twomonths.
With the start of the lien1, CCPIT andthe US Department of Commerce will putthe abundant commercial market informa-tion and sources of both thc two countriesinto a mutual benefit integration and sharing.The item will as well provides amatchmaking service to the companies ofboth the two countrise, by doing so, it willbe helpful to introduce more Chinese andUSA enterprises to take part in the bilateraleconomic and trade activities and strengthenthe root base of the the Sine-USA cconomicand trade relations, enhancing the commu-nication between the small and medium-sizeEnterprises(SMEs) of the two countries.
We will naake an excluded report whichis specialized on the detailed information ofthe International Partner Network in the nextissue, please advert to it!