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SPECIAL EDITION I FEBRUARY 2021 CHINA US FOCUS DIGEST THE WAY FORWARD CHINA US FOCUS CONTENTS Tung Chee Hwa Tung Chee-hwa Chairman P. 5 China-United States Exchange Foundation ACKNOWLEDGEMENT EXECUTIVE SUMMARY P. 6 Editors Zhang Ping Hong Chang International Voices Special Advisor Zhu Yinghuang AT A CRITICAL CROSSROADS P. 10 Zeng Peiyan Assistant Editor Peng Hui TALKING ALONG THE PATH P. 15 China-US Focus Digest is a bi-monthly AHEAD magazine of exclusive commentaries on Jean Chretien China-US relations. The articles express views of influential opinion leaders and scholars in China and the US on the issues faced by the two nations. HOPEFUL RETURN TO P. 17 c China-United States GLOBAL DIALOGUE Romano Prodi Exchange Foundation, 2021 For comments, please send to [email protected] CHINA HAS BEEN EFFECTIVE P. 20 AS WORLD STRUGGLES Yasuo Fukuda www.chinausfocus.com TIME TO RENEW FRIENDSHIP P. 23 Follow us on Facebook and Twitter: @ChinaUSFocus Carlos Gutierrez With special thanks to Chatham Strategies and Shanghai Institutes for International Studies GOOD NEWS IN UNITED P. 26 for their supports to www.chinausfocus.com STATES and China-US Focus Digest Carla Hills 2 A TIME TO HEAL TIME TO SAY FAREWELL P. 29 P.61 TO NEGATIVES Chen Wenling Tung Chee-hwa NOTES FROM AMERICA’S P. 63 HEARTLAND Bob Holden Trade and the Economy HOPE, BUT NOT HASTE P. 65 DON’T EXPECT HIGH-SPEED P. 32 Wang Yiming CHANGE Michael Spence SUPPORT FOR A GOOD IDEA P. 67 Zhu Guangyao LOOKING AHEAD IN 2021 P. 36 Zhang Xiaoqiang Technology and Global Challenges WHAT TO DO FIRST P. 40 Myron Brilliant STANDARDS FOR SCIENCE COOPERATION P. 69 PRESS THE PAUSE BUTTON P. 44 Kishore Mahbubani Steven Chu PERCEPTIONS MATTER P. 47 CONVERTING RIVALRY INTO P. 73 Xu Bu WIN-WIN COOPERATION Xie Zhenhua A GOOD TIME TO ACT P. 49 Zhang Yuyan DEALING WITH HIGH-TECH P. 77 GLOBAL CHALLENGES KEY AREAS TO COOPERATE IN P. 51 He Yafei MACRO POLICY Zhu Min MUCH TO GAIN THROUGH P. 80 SMALL MOVES A NEW HISTORICAL STAGE P. 53 Miao Wei Bi Jingquan A TIME FOR TRUST P. 83 PICK THE LOW FRUIT. BUT THEN P. 56 Bill Owens WHAT? Stephen Roach A NUCLEAR POWER PROJECT P. 85 HOLDS ANSWERS WHICH PATH TO CHOOSE? P. 59 Wang Binghua Craig Allen WWW.CHINAUSFOCUS.COM SPECIAL EDITION I FEBRUARY 2021 3 People-to-People Exchange WHO ARE TODAY’S PING-PONG DIPLOMATS? P. 87 Stephen Orlins THE POWER OF THE PEOPLE P.90 Wang Chao ACTIONS SPEAK LOUDER THAN WORDS P. 93 Max Baucus PEOPLE-TO-PEOPLE ENGAGEMENT IS POWERFUL P. 95 Neil Bush BUILD BACK BETTER P. 96 David Firestein THE OLD PATH OR THE NEW? P. 100 Lin Songtian THE ECONOMIC MAGIC OF TOURISM P. 103 Shao Qiwei EXERTING INFLUENCE AND BEING INFLUENCED P. 106 John Zhao Note: From January 26 to 28, China-United States Exchange Foundation partnered up with the China Center for International Economic Exchanges (CCIEE) for an online inter- national forum on China-U.S. relations. The conference brought together more than 40 global leaders and experts to examine key challenges and areas of cooperation fa- cing the United States and China. In this special issue of the Digest, we aim to capture the forum in its entirety, with the publication of the remarks by the keynote speakers and panelists. The transcripts have been lightly edited for clarity. This year’s webinar can also be found at www.chinausfocus.com/special/2021forum 4 ACKNOWLEDGEMENT Tung Chee-hwa Chairman of the China-United States Exchange Foundation; Vice Chairman of the 13th CPPCC National Committee; Former Chief Executive of Hong Kong Special Administrative Region Second, I want to thank all the partici- pants for watching or listening in. I hope the discussions in the past few days have been helpful to you — in understanding the challenges and what should be done to put the China-U.S. relationship back on the road to progress. Indeed, our many speakers and panelists have pointed out what should be done. If I were to summarize the thoughts expres- sed in these three days, I’d say: Return to the dialogue table. Restore respect and trust. Allow competition and coopera- tion to coexist. Think about the deve- loping countries and low-income people that need help. Know that all mankind lives on this same planet and all share a common destiny. ACT now! The road is not easy, but together we’ll First of all, I want to thank all the spea- find a way. One discussion is never suffi- kers who joined us in this event. Do you cient. Changes of circumstances will re- know that our speakers were actually quire us to revisit the issues and rethink. spread out in nine different time zones? When the pandemic and travel restric- Our European friends dialed in at 2 am in tions are over, I’d be happy to host this the morning. My great appreciation to all, forum again. We can then meet, face to for your sacrifice and your contributions. face, in this wonderful city of Hong Kong. WWW.CHINAUSFOCUS.COM SPECIAL EDITION I FEBRUARY 2021 5 EXECUTIVE SUMMARY After a challenging year in which the Asia-Pacific countries. They came to- world was tested by the impacts of CO- gether to address the current challenges VID-19, global leaders and experts re- facing bilateral relations. The discussi- cognized the unprecedented changes on focused on how China and the U.S. facing the United States-China relati- should move forward in light of the new onship and urged the two countries to U.S. administration and used the oppor- work together to usher stability and se- tunity to identify areas of cooperation curity back into the international com- between the two countries to tackle glo- munity. Following the inauguration of bal challenges, including climate chan- President Joe Biden in the United States, ge, the environment, food security, cy- distinguished experts gathered virtually bersecurity and COVID-19. over three days, Jan. 26 to 28, 2021, to assess the future of bilateral relations. Former prime minister of Japan Yasuo They examined key issues and areas Fukuda stressed that less division and of cooperation in the CUSEF’s second instability is something all nations are international forum themed “The Way seeking, given the risks and problems Forward,” co-hosted by the China Cen- that need to be resolved immediately ter for International Economic Exchan- and which cannot be solved without the ges (CCIEE). support of the U.S. and its leadership, especially in international trade and Last year was a year of unprecedented finance. However, he noted, “The U.S. turmoil in which the pandemic sent hu- must first contain its biggest issue — manity a message: The world is funda- COVID-19 — before it can help the rest mentally changing, and the U.S.-China of the world.” relationship remains crucial. The “Hong Kong Forum on U.S.-China Relations” Aside from the pandemic, speakers con- featured more than 40 past and current veyed their desire for progress through major stakeholders and influencers, in- continued dialogue between U.S. and cluding former prime minister of Japan Chinese officials. Although there was a Yasuo Fukuda, CCIEE Chairman and general sense of optimism around the former vice premier of the People’s new U.S. administration, speakers also Republic of China Zeng Peiyan, former spoke candidly about the challenges prime minister of Italy and former pre- that will remain on both sides, while sident of the European Commission Ro- emphasizing the importance of global mano Prodi, former Prime Minister of governance during an era of heighte- Canada Jean Chretien, former U.S. se- ned risk. “I don’t think there will be a cretary of commerce Carlos Gutierrez, major change in China-U.S. relations current government officials, senior despite the new administration. Howe- business leaders and renowned scholars ver, there will be more dialogue,” said from the United States, China and other Romano Prodi, former prime minister 6 of Italy and former president of the Euro- my, they become your enemy,” he said. pean Commission. “The tensions within “We are not an enemy of China, and I don’t the U.S. and competition with China are think China is an enemy of us. Words mat- prevalent among both the Republicans ter.” Former U.S. Trade Representative and Democrats. Thus, there will be a ne- Carla Hills expressed a similar sentiment, cessity for deeper dialogue and exchange predicting that there will be significant of views.” changes in how the U.S. handles its inter- national relationships. Under Biden, she This exchange of views must happen “not said, “The tone in which we deal with all just by words but by deeds,” said former international governments, including Chi- U.S senator and former. ambassador to na, will be more diplomatic.” China Max Baucus. Although the futu- re of the relationship remains uncertain, Both President Xi Jinping and President President of the Chinese People’s Institu- Joe Biden were the topic of several discus- te of Foreign Affairs (CPIFA) Wang Chao sions during the forum. Tung Chee-hwa, expressed confidence in the foundation founder and chairman of the CUSEF, out- of U.S.-China relations, which has been lined how the two countries share mutu- “built through our joint efforts over gene- al goals and underscored the need for all rations.” He added that goodwill remains nations to abide by the same rules-based unchanged and that cooperation will pre- system. He noted that China will work to vail.