The U.S.-China Economic and Trade Cooperation Forum and the promotion meeting for the 5th China International Supply Chain Expo (CISCE) was held in Chicago on Thursday, with the participation of over 180 representatives from political and business circles of the two countries.
As the world's first national-level exhibition focusing on supply chains, the CISCE has been an internationally shared public good since the first edition was held in 2023. The fifth edition is expected to be held in 2027.
Attendees at the event noted that the industrial and supply chains of China and the U.S. are deeply intertwined, providing a solid foundation and broad scope for cooperation.
They called on the business community to strengthen exchanges to promote healthy and stable development of China-U.S. economic and trade relations.
"The Chinese market is huge. Arguably, China is one of the best manufacturers in the whole world. The supply chain connectivity and the growth of the Chinese market is substantial. So the U.S. and China have to find a way to be able to cooperate because of both our economic size, our competitiveness and ability to use comparative advantages to accelerate both of our economies," said Daniel Bellefleur, vice president of foreign direct investment, Illinois Economic Development Corporation.
"I think the more we learn about each other, the more we are going to see our commonality, and I truly believe that we have a lot to gain by collaboration," said Lori Lightfoot, former mayor of Chicago.
Event held in Chicago to promote 5th China's supply chain expo
The U.S. National Highway Traffic Safety Administration (NHTSA) has opened an investigation into Tesla's certification that its new Cybercab meets all applicable Federal Motor Vehicle Safety Standards (FMVSS).
The probe, formally designated as an Audit Query, was opened on Sept. 3 and covers an estimated 1,000 Cybercab vehicles, according to an NHTSA investigation document made public on Friday. It will examine the process and technical data Tesla relied upon when certifying the Cybercab, as well as related issues. Tesla began commercial deployment of a small number of Cybercab vehicles in Austin, Texas, on Thursday and notified the agency that it had certified the vehicles as compliant with all applicable FMVSS. Tesla also told the NHTSA that it plans to gradually expand commercial deployment of the Cybercab to include additional vehicles and locations.
The vehicles lack permanently attached conventional manual controls, such as a brake pedal, gas pedal, steering wheel and mirrors, according to the NHTSA.
The agency said the inquiry will examine, among other issues, the extent to which Tesla's certification depended on determinations that certain FMVSS are inapplicable to the Cybercab.
In the United States, the NHTSA establishes vehicle performance requirements, while automakers must certify that their vehicles meet applicable standards before entering the U.S. market, subject to agency oversight to confirm compliance. The NHTSA said it conducts investigations when certified vehicles appear not to adhere to those requirements.
U.S. regulator opens probe into Tesla Cybercab self-certification