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Saturday, March 10, 2018, 12:02
China, US 'complementary in technology, innovation'
By Xinhua
Saturday, March 10, 2018, 12:02 By Xinhua

This May 25, 2017 photo shows Chinese Consul General Li Qiangmin gives a speech at the Chinese Chamber of Commerce in Houston, Texas. Li said on March 9, 2018 there is a huge potential for China and the US to cooperate in technology and innovation. (ZHONG JIA / XINHUA)

HOUSTON - Though China and the United States are at different stages of development, there is a huge potential for the two countries to cooperate in technology and innovation, Chinese Consul General in Houston Li Qiangmin said Friday. 

But China has a huge market and great potential. We are complementary in many fields, and can achieve win-win cooperation

Li Qiangmin, 

Chinese Consul General, Houston 

In the 2018 South by Southwest Conference and Festivals' opening ceremony held in Austin, Texas, Li said the US has been leading in science and technology, while China is still at a stage of building up a moderately prosperous society in all respects. 

"But China has a huge market and great potential. We are complementary in many fields, and can achieve win-win cooperation," he said. 

He suggested that the two countries should build regional innovative partnership, adding that some projects between China and the US states of Texas and Georgia have been discussed. 

More communication and cooperation in the field of innovation should be explored, Li said. 

"China and the US have different culture and system. We have very good reason to believe that the two sides can be inspired by each other. We should break the cold-war mentality if we want to deepen our communication," he emphasized. 

Li said using the existing innovation cooperation mechanisms is vital for both sides, and that the annual China-US Innovation and Investment Summit is a good example where both sides can benefit from.

The third China-US Innovation and Investment Summit will be held in two months, where hundreds of Chinese investors will meet their American counterparts for an in-depth discussion. 

Founded in 1987 in Austin, Texas, South by Southwest (SXSW) is best known for its conference and festivals that celebrate the convergence of the interactive, film, and music industries. 

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