January 1979, the two countries established formal diplomatic relations. In July, the two governments signed the "Sino-US Agreement on Trade Relations", grant each other MFN status. China-US economic and trade has now entered the rapid development period. According to Chinese statistics, Sino-US trade in 1979 was 24.5 billion U.S. dollars in 1996 to reach $ 42.84 billion, 18-year total of $ 260.6 billion; since 1979, the United States to become China's third largest trading partner in 1996 became the second largest trading partner. According to U.S. statistics, bilateral trade in 1979 amounted to $ 2.37 billion in 1996 to reach $ 63.5 billion, 18-year cumulative $ 376 billion; 1980, China's 24th trading partner of the United States in 1995 rose to fifth place .
• America and China established diplomatic relationship officially in January,1979.Two governments signed Sino-U.S. trade agreement and gave mutual most-favored-nation treatment, from which economy and trade between the two countries has entered into a period of rapid development. According to the statistics of China, the Sino-Us trade volume was $2.45billion in 1979 and up to $42.84billion in 1996,which added up to $260.6billion in 18years. America has become the third biggest trade partner of China since 1979 and climbed up to the second in 1996. According to America, bilateral trade in 1979 was $2.37billion and up to $63.5billion in 1996,which added up to $376billion in 18 years. China was the 24th trade partner of US in 1980,while in 1995 China has climbed to the fifth.作者: Erikadyn 时间: 2011-10-8 15:42
first, political issue,so it should be more fomal,,,,second, variety of words and sentences to illustrate the same thing