Managing Director of Dow Corps DuPont and Chairman and CEO of The Dow Chemical Company Andrew Liveris is visiting China this week with a business delegation consisting of U.S. President Trump, U.S. Secretary of Commerce Rose and many prominent business leaders. The business delegation will promote business cooperation and success among Chinese and U.S. businesses and reduce the U.S. trade deficit with China by increasing exports of U.S. high-value goods and services to China.
Lee Wai-shing said: 'Secretary of Commerce Rose and the entire Trump administration agree that to promote constructive exchanges between China and the United States, remove obstacles and promote fair and mutually beneficial market access so as to ensure that enterprises can conduct their business under fair business conditions It is in everybody's interest that the United States and China clearly have developed into important partners in the economic and trade and other fields and I am very excited to have the opportunity to participate in the ongoing dialogue between the two great nations. I am also very grateful '
Dow entered the Chinese market in the 1930s. At present, China has become Dow's second-largest overseas market. Dow has 10 business centers and 17 manufacturing sites in China with nearly 5,000 employees.
Mr. Li Weicheng first came to China when he joined Dow more than 40 years ago. He said: "I was fortunate to be the forefront when the late Chinese leader Deng Xiaoping implemented the policy of opening to the world more than 30 years ago. Since then, the rise of China has not only changed China but also changed the global economy, and I am fortunate enough to participate in it.The United States and China are facing unprecedented opportunities to remove obstacles as soon as possible and promote bilateral trade development. Solving these problems together will benefit both countries and help create more job opportunities and economic value on both sides of the Pacific. '
During the delegation's visit to China, Lee Weicheng signed a memorandum of understanding with Hu Weiwei, the founder and president of Motorcycle Cycling. Both parties will establish a long-term strategic partnership to create a business-friendly partnership between the two sides through close cooperation in product and market Cooperation model that will Dow's high-quality products and solutions to the worship of the project and products. The two sides will work together to create more lightweight and environmentally friendly motorcycle cycling, continuous improvement of the user's riding experience. Dow and motorcycle Is working together to develop advanced materials to help reduce the weight, cycle life and maximum comfort of the cyclists, as well as collaborate on innovative material solutions including polyurethane for solid tires, seat materials , Electric Lock Sealing Materials and other specialty elastomers, adhesives and coating materials.
The memorandum of understanding will also drive the growth of the U.S. export trade and Dow will provide Biyun products to the motorcycle for R & D of a new generation of motorcycle. Dow and Maui will continue to explore new technologies and new markets (Bicycling recently landed in Washington, DC) Bicycling was established in 2015 as the world's first and largest smart-sharing bicycle operating platform with the mission of 'letting bicycles return to the cities', using innovative technologies Making cycling the most convenient and environmentally friendly means of transport for urban residents.Marber cycling has now entered more than 180 cities around the world and serves over 200 million users worldwide with more than 7 million bicycles. The new WWF Climate Walker Award and the 'Sustainable Urban Transport Special Award' are highly recognized by cyclists for their use of innovative technologies to promote environmentally friendly transportation and reduce environmental impact. , Motorcycle Cycling is on Fortune's list of 50 Companies that Change the World in 2017.