AmCham-China Praises Obama, Hu's Emphasis on Economy and Climate
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Obama's visit also included a memorandum of understanding signing ceremony between the U.S. and Chinese governments for the Energy Cooperation Program (ECP), a newly-created public-private partnership to develop clean energy sources.
"We are extremely encouraged that the U.S.and Chinese governments have placed such a high priority on climate change," said Watkins, who attended the signing ceremony. "Businesses understand clearly the opportunity to reduce CO2 emissions, create new good jobs in the U.S. and China and grow our businesses' profitably. Public-private partnerships like ECP demonstrate the power and benefits of businesses and our two governments working together to address big problems with innovative and practical solutions."
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