108th Congress > House > Vote 577

Date: October 29, 2003

Result: 411-1 (Passed)

Clerk session vote number: 579

Vote Subject Matter: Foreign and Defense Policy / Foreign Policy Resolutions

Sponsor: ENGLISH, Philip Sheridan (R-PA)

Bill number: HRES414

Question: On Motion to Suspend the Rules and Agree

Description: 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 summary: (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.

Bill titles: 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.

Links for more info on the vote: congress.gov

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