CRI听力:Chinese Firms Employ 80,000 in the US: Report

A new report shows Chinese companies now employ more than 80,000 people in the United States.

This is a dramatic increase from the roughly 15,000 people employed in the US just five years ago.

Consultancy firm Rhodium Group, which keeps tabs on Chinese investment into the United States, notes Chinese companies currently invested in the United States are also generating increased employment.

The southeastern US state of North Carolina is said to have some 15,000 Americans employed by Chinese companies.

CRI's correspondent in New York, Su Yi, says the report is being viewed in the US as a sign of increased cooperation.

"The report says Chinese investments have also played a part in promoting America's sci-tech research and innovation and its international competitiveness. It shows hundreds of millions of dollars of Chinese investments has been put into research and development each year. Chinese Internet giants such as Tencent and Alibaba are providing funds for start-ups across the US. The report also believes Chinese direct investments will serve as a catalyst for US exports to China."

He Weiwen with Renmin University says additional Chinese investment in the US is going to help reduce trade frictions.

"Investments into projects that fall within the categories of trade frictions will bring obvious benefits. Chinese investments will help create much needed jobs in the US and increase revenues, which will play an important role in consolidating the China-US economic and trade relations and the overall bilateral relationship."

The Rhodium Group report also notes Chinese companies have invested some 5 billion US dollars each in the US states of California, Texas and North Carolina over the past 15 years.