Santa Fe, New Mexico, USA - July 19, 2018 (CGTN – No access Chinese mainland)
1. Panel meeting on Chinese investment of National Governors Association's annual Summer Meeting
2. Various of audience
3. SOUNDBITE (English) Qi Bin, vice general manager of China Investment corporation:
"Of course there is competition between the U.S. and China, but as I always said, we hope this competition could be a constructive competition, not destructive, we would make each other better, not worse. I think as long as more people making effort to promote or deepen U.S.-China economic cooperation to strengthen this economic tie, I think it's gonna make a difference."
4. John Hickenlooper, Colorado governor, speaking at conference
5. Conference in progress
6. Audience
7. SOUNDBITE (English) John Hickenlooper, Colorado governor:
"Let's say the next two years, it's clearly gonna be a bumpy ride. And in many ways I think we are using a sledgehammer when we should be using a small hammer like a thumb tack hammer. We don't have the right tool to really adjust these trading agreements properly, but I think the more interesting question is, 'Where do we want to see our relationship with China in 20 years or 50 years?'"

FILE: Zhejiang Province, east China - Exact Date Unknown (CCTV - No access Chinese mainland)
8. Various of Ningbo-Zhoushan port; ships

U.S.-China trade tensions and foreign diplomacy are key issues on the minds of American governors who gathered in New Mexico for their summer conference.

The National Governors Association's annual Summer Meeting is held from Thursday to Saturday. The first panel discussion on Thursday focused on Chinese investment in the United States, and how states are working to attract more of those investment dollars. Panelists say that's why meetings like these are important.

Also, China hopes the trade tensions between two countries could turn to a positive direction. Both will benefit from a harmonious relationship, or fall victims to the conflict.

"Of course there is competition between the U.S. and China, but as I always said, we hope this competition could be a constructive competition, not destructive, we would make each other better, not worse. I think as long as more people making effort to promote or deepen U.S.-China economic cooperation to strengthen this economic tie, I think it's gonna make a difference," said Qi Bin, vice general manager of China Investment corporation.

Colorado Governor John Hickenlooper attended this conference as well. He calls the current trade war regrettable.

"Let's say the next two years, it's clearly gonna be a bumpy ride. And in many ways I think we are using a sledgehammer when we should be using a small hammer like a thumb tack hammer. We don't have the right tool to really adjust these trading agreements properly, but I think the more interesting question is, 'Where do we want to see our relationship with China in 20 years or 50 years?" he said.

That's the big question from governors here, because the longer this goes on, the greater damage these relations will suffer. What does the long term relationship between China and the United States look like when they get to the end of the trade war? That's the question many of these governors are worried about.