Joint efforts needed to protect ties
Print Edition
CHINESE Vice Premier Liu He has called for rationality and joint efforts by China and the United States to safeguard the stability of bilateral trade relations.
He made the remarks at two symposia at the weekend, with over 20 representatives from international organizations, entrepreneurs and scholars who were in Beijing to attend the China Development Forum 2018.
Liu said China would continue its reform and opening-up, support economic globalization, and promote the building of “a community of shared future for humanity.”
Liu said the recent US release of a Section 301 investigation report ran counter to global trade rules, and was detrimental to the interests of China, the US and the whole world.
“China is ready and has the strength to safeguard its national interests,” he said.
Many participants at the symposia consider the releasing of the Section 301 investigation report as politicizing a trade issue, posing a threat to the global multilateral trading system.
They believe Washington should squarely face the deep structural reasons for America’s trade deficit.
They also suggested that China should take the lead in the multilateral trading system, create a favorable business environment for foreign enterprises in China through further reform and opening-up, and promote and lead economic globalization.
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