On March 25, local time, US President Biden held the first press conference since he took office at the White House. According to a Reuters report that day, the press conference lasted more than an hour. Biden mainly talked about Sino-US relations, the new crown epidemic, seeking re-election in 2024, immigration policy and other issues.
On the issue of Sino-US relations, Biden told reporters that the United States “does not intend to seek confrontation,” but will insist on China’s so-called “fair competition,” “fair trade,” and “respect for human rights” international rules. He emphasized that the United States will inevitably have “fierce competition” with China. He will expand investment in American industries, win over allies, and “prevent China from surpassing the United States.”
“China has an overall goal… to become the world’s leading, richest, and most powerful country.” Biden said, “This will not happen during my tenure. Because the United States will continue to grow.”
Biden emphasized that China has huge investments in scientific research. In order to ensure the competitiveness of the United States in research, he will expand investment in emerging technologies such as biotechnology, quantum computing, and artificial intelligence, and hopes to spend R&D expenditures in the United States. The proportion of GDP increased from 0.7% to 2%.
Biden also pointed out that “China’s spending on infrastructure is three times that of the United States,” so the United States will also carry out “real investment.” He plans to announce a trillion-dollar infrastructure proposal next week. (Source: Observer Network)