"China's increasingly expanding domestic consumption is quite appealing for the US, and also, Chinese investment creates quite a number of jobs in the US," he added.
In 2012, China-US trade jumped by 8.5 percent from a year earlier and reached a record high of $484.68 billion.
Last year, US foreign direct investment in China increased by 4.5 percent year-on-year to $3.13 billion, while the world's second-largest economy's FDI dropped by 3.7 percent in 2012.
Despite the good economic figures, disagreements between the two countries have been accelerating. Last year, a report by two members of the US House of Representatives Intelligence Committee cited two Chinese telecom equipment firms, Huawei Technologies Co and ZTE Corp, as posing a potential national security threat to the US.
During the past few years, the US has been active in advancing regional trade pacts.
The Trans-Pacific Partnership Agreement, also known as the TPP led by the US and covering 11 nations, is expected to be concluded in 2013.
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