To encourage the People's Republic of China to fulfill its commitments under international trade agreements, support the United States manufacturing sector, and establish monetary and financial market reforms.

Bill: 108-hres-414
Sponsor: Rep. English, Phil [R-PA-3]
Introduced: 2003-10-28 in the House
Policy area: International Affairs
Subjects: Bush (George W.) Administration
China
Commemorations
Commerce
Congress
Congressional tributes
Currency devaluation
East Asia
Economics and Public Finance
Foreign Trade and International Finance
Foreign banks and banking
Foreign exchange
Free enterprise
Free trade
Government Operations and Politics
International agencies
International competitiveness
Manufacturing industries
Monetary policy
President and foreign policy
Trade agreements
Trade negotiations

Summary:
action_date: 2003-10-28
text: 
Commends the President for continued efforts to engage the Government of the People's Republic of China.
 
 Joins the President in encouraging the People's Republic of China to meet its commitments as a member of the World Trade Organization and the international community. 
 States that the Chinese economy would benefit from a market-determined exchange rate to avoid market and trade distortions. 

 
Joins the President in continuing to encourage China's efforts to modernize its financial system which includes the establishment of a more flexible exchange rate and compliance with its trade agreement obligations. 
Urges the Administration to continue its efforts to facilitate moves towards a market-based valuation of the renminbi, relaxation of capital controls, and reform of its banking sector. 
 
 
Encourages U.S. government efforts to promote innovation, reduce costs, and level the international playing field in the manufacturing sector. 


action_date: 2003-10-29
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Commends the President for continued efforts to engage the Government of the People's Republic of China.
 
 Joins the President in encouraging the People's Republic of China to meet its commitments as a member of the World Trade Organization and the international community. 
 States that the Chinese economy would benefit from a market-determined exchange rate to avoid market and trade distortions. 
 
 
Joins the President in continuing to encourage China's efforts to modernize its financial system which includes the establishment of a more flexible exchange rate and compliance with its trade agreement obligations. 
Urges the Administration to continue its efforts to facilitate moves towards a market-based valuation of the renminbi, relaxation of capital controls, and reform of its banking sector. 
 
 
Encourages U.S. government efforts to promote innovation, reduce costs, and level the international playing field in the manufacturing sector. 
 
 



Legislative actions:
action_date: 2003-11-03
text: Referred to the Subcommittee on Trade.
action_date: 2003-10-29
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2003-10-29
text: On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 411 - 1 (Roll no. 579). (text: CR H10062-10063)
action_date: 2003-10-29
text: Passed/agreed to in House: On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 411 - 1 (Roll no. 579).(text: CR H10062-10063)
action_date: 2003-10-29
text: Considered as unfinished business. (consideration: CR H10081-10082)
action_date: 2003-10-29
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2003-10-29
text: DEBATE - The House proceeded with forty minutes of debate on H. Res. 414.
action_date: 2003-10-29
text: Considered under suspension of the rules. (consideration: CR H10062-10071)
action_date: 2003-10-29
text: Mr. English moved to suspend the rules and agree to the resolution.
action_date: 2003-10-28
text: Referred to the House Committee on Ways and Means.
action_date: 2003-10-28
text: Introduced in House
action_date: 2003-10-28
text: Introduced in House