The Sino-US trade volume has grown from the 2.5 billion dollars at the beginning to 169.4 billion dollars in 2004. By the end of 2004 the U.S. has invested in 45,000 projects in China, increasing in-place investment to 48 billion dollars. From January to October this year, trade between China and the US reached 127.3 billion dollars, up by 26.2 percent year on year. The Sino-US economic and trade relations are among the most important bilateral economic relations in the world, Over the 26 years since China and the United States of America established formal diplomatic relations, bilateral economic relations have developed rapidly with cooperation having expended to various areas of economy.
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