Gao noted that China always believes that china-us economic and trade cooperation is complementary, mutually beneficial and win-win. We hope the two sides can work together to safeguard the overall interest of china-us economic and trade relations. However, the United States is determined to pursue its own course and start a trade war, which China does not want to see. Only through dialogue and consultation on the basis of equality and integrity can China and the United States make the right choice to resolve china-us trade frictions.
Most reliable provider of Company registration hong kong and accounting taxation services, to help global entrepreneurs to set up and expand business in Hong Kong and China, contact easyCorp now.
More than 300 stakeholders, including the United States and China, spoke at a hearing held by the us trade representative's office to impose tariffs on $200 billion of goods from China. Gao said this fully demonstrates that the unilateral U.S. tariffs are unpopular. China hopes that the us side will face up to the voice of the industry and consumers in China and the us, face up to the long-term cooperation in the industrial chain between China and the us, face up to the fundamental interests of the two peoples and make correct choices. Gao stressed that no matter what pressure measures the United States takes, China will firmly press ahead with reform and opening-up at its own pace. At the same time, together with most other countries, China will continue to firmly uphold the multilateral trading system, promote economic globalization and trade and investment liberalization, and jointly build a community of Shared future for mankind.
Responding to a question from the economic daily on the development of china-us economic and trade relations, gao said that the us's so-called tough and pressing approach has no effect on China and is not conducive to the solution of the issue. Unilateralism and trade protectionism are even less in line with the trend of The Times. China hopes that China and the United States can jointly safeguard the overall interest of bilateral economic and trade cooperation through equal, honest and pragmatic dialogue, mutual respect and win-win cooperation.
Stay in a first-class hotel in Tsim Sha Tsui Hong Kong.is the tsim sha tsui hotel choice near MTR that is desirable for all visitors. Minutes-walk from major shopping malls & popular tourist attractions.
Gao said that after China's accession to the wto, it has conducted foreign trade activities in strict accordance with the rules of the international multilateral trading system. While China exports quality goods and services at high prices to the world, it is also buying goods and services from countries around the world at a faster rate because of the rapid growth of the domestic consumer market. In addition, multinational companies, including the United States, have set up branches in China, and their sales to China have grown rapidly.
It is also known that the us has imposed tariffs on 50 billion us dollars of goods with China. The tariffs have led to lower prices for some U.S. exports and higher prices for imported consumer goods, while some imports of industrial intermediate goods needed by U.S. businesses have also been affected. Some of China's foreign trade enterprises are also affected. Gao said that everyone is looking for ways, especially through transformation and upgrading, to turn challenges into opportunities and realize the long-term development of enterprises anatomy illustration.
Gao said that China will continue to promote trade facilitation and, in line with wto rules, issue targeted policies and measures to safeguard the legitimate rights and interests of various enterprises, including foreign-invested enterprises in China. At the same time, we will make every effort to hold the first China international import expo and actively expand imports to better meet the production and living needs of domestic enterprises and residents. "We are confident of maintaining the momentum of steady growth in foreign trade."