Friendship and cooperation between the peoples of China and the US are of great importance to the world. The United States is the most developed country and China the largest developing country. China is a country with 1.3 billion people. Its stability and rapid development is of vital significance to the stability and development in the Asia-Pacific region and the world at large. China has boats a huge market and great demand for development while the United States holds advanced science and technology as well as enormous material force. Therefore the economies of the two countries are highly complementary with each other. China’s potential market, once combined with foreign advanced technology and capital, will produce many opportunities and great vigor for developments.