U.S.-China Bilateral Wto Agreement

Agricultural agreements will eliminate obstacles and increase US exports of various goods. The commitment is as follows. A substantial reduction in tariffs is due to be completed in January 2004. The aggregate average of agricultural products is 17.5%, and the average value of US priority products is 14% (less than 31%). Establish a tariff quota system for bulk goods such as wheat, corn, cotton, barley, rice, etc., to provide private traders with a part of tariff quota.

The technical agreement is a model of bilateral cooperation in the field of US-China science and technology. In April 2006, the science and technology contract was extended to a five year contract. This agreement, which includes about 60 protocols, memoranda, agreements and annexes, is considered the longest agreement among the US-China Agreements. This agreement includes cooperation of Central America in various fields such as marine protection, renewable energy and health. In addition, the United States has close ties with Japan and the EU on science and technology cooperation.

Since 1979, the exchange between the two in culture, technology and education has become stronger. Both sides signed "Cultural Cooperation Agreement", "Educational Cooperation Agreement" and "Central America Relations". The Science and Technology Cooperation Agreement established a series of dialogue forums including the Joint Committee on Science and Technology Cooperation and China and the United States. Cultural Forum Chinese Secretary of State Liu Yandong and US Secretary of State Hillary Clinton co-chaired the 3rd round CPE. This mechanism provides powerful guidelines and driving force for bilateral cultural exchanges and cultural exchanges. Both sides also launched a series of initiatives in the fields of education, science and technology, culture, sports, women and youth. The United States launched a "100,000 strong" initiative to bring 100,000 American students to study in China within four years.