BIO Statement Ahead of Chinese Vice Premier Visit to Washington

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Biotechnology Innovation Organization

Washington, DC (January 29, 2019) – Biotechnology Innovation Organization (BIO) President and CEO Jim Greenwood issued the following statement ahead of Chinese Vice Premier Liu He’s visit to Washington to participate in trade negotiations on Wednesday and Thursday.

“President Trump has taken unprecedented measures to take on China – our largest trading partner – for its history of trade abuses. Beijing has long imposed unjustified restrictions on U.S. companies seeking to do business in and export to China, particularly with respect to agricultural products.

“With Chinese Vice Premier Liu He in Washington to participate in bilateral trade talks, the Trump administration should remain steadfast in pushing China towards structural reforms of its market. This means that any prospective trade deal with China cannot be based simply on a promise to buy more U.S. products. Such a bargain would fail to address the longstanding impediments that have contributed to the trade deficit with China.

“Any trade deal must require systemic change from China when it comes to U.S. agricultural exports. It’s time for the Chinese government to implement a predictable, timely, transparent and science-based decision-making process that facilitates trade and the importation of agricultural biotechnology products.

“Under China’s current opaque regulatory system for agriculture, Beijing arbitrarily dictates what technologies our farmers can use to address production challenges such as pests and drought. This month, Beijing approved only five of the 10 biotechnology crops seeking Chinese market access. Many of the still-unapproved products have languished in China’s regulatory process for more than six years – with no rational or legitimate scientific basis for the hold-up.

“As we near the March 1 deadline for a trade deal, U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steve Mnuchin and Commerce Secretary Wilbur Ross must be resolute and insist on a deal with enduring commitments and not only purchases of U.S. goods. Any trade deal lacking fundamental reform is inadequate and only will exacerbate the inequities in our existing trading relationship that President Trump rightly is trying to tackle.”

According to a recent analysis, China’s delays in approving biotechnology crops have resulted in foregone U.S. economic growth of nearly 34,000 jobs, $7 billion in GDP, and $4.6 billion in wages.

Biography
Carol graduated from Riverside White Cross School of Nursing in Columbus, Ohio and received her diploma as a registered nurse. She attended Bowling Green State University where she received a Bachelor of Arts Degree in History and Literature. She attended the University of Toledo, College of Nursing, and received a Master’s of Nursing Science Degree as an Educator.

She has traveled extensively, is a photographer, and writes on medical issues. Carol has three children RJ, Katherine, and Stephen – one daughter-in-law; Katie – two granddaughters; Isabella Marianna and Zoe Olivia – and one grandson, Alexander Paul. She also shares her life with husband Gordon Duff, many cats, and two rescue pups.

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