He said the U.S. government is concerned about recent steps in China that seem to move away from competition and deregulation. The United States wants to create a global marketplace for all people and all nations with stable laws, consumer protections and incentives for competition, the secretary said. Eighteen months ago, we held our first telecommunications summit. It was a timely meeting.
China has one of the largest and fastest growing telecom markets in the world.
The United States produces some of the world's best and most sophisticated telecommunications and information technologies. So we brought together representatives of our private sector and our two governments. Today, we are here to continue the dialogue. I would like to use my time this morning to do two things. First, in America, it is a very good time to be in the information technology business.