This American writer uttered the truth about Sino-U.S. trade disputes. It was refuted by Yang Weimin.

Sina Finance News The '2018 China-World Thought Dialogue', co-sponsored by the China Institute of Economic Thought and Practice and the China Economic 50 Forum, was held on April 28 at Tsinghua University.

The New York Times columnist Thomas Friedman of the US bestseller said that the interests between the United States and China are me and I have you, but they have different polities, different concepts, and different stages of development. 'Over the past 30 years We can also manage our differences very well. For example, China has different sets of rules for the development of enterprises, the use of capital, government subsidies, and how to do competitive management.

The reason why the above atmosphere is good is because 'China still stays on low-value-added products, not microelectronics, chips, and we can tolerate such a difference,' but now China is advancing manufacturing in China. 2025, is no longer a T-shirt or battery, photovoltaic, we see China is developing AI, electric vehicles, some of the high-tech products, which will make our economy a threat'.

With regard to the above viewpoint, Yang Weimin, deputy director of the Central Financial and Economic Commission Office, refuted that 'only letting China produce T-shirts, let the United States produce high-tech, this kind of international trade transaction is unreasonable and inappropriate.'

He believes that Chinese companies are gradually moving toward high technology. This is precisely the result of the implementation of a market economy. 'It is not the government that has ordered companies to do this. This is an economic law. His labor costs have risen. He must develop higher added value. The products, such as BOE, turned out to be a very old state-owned enterprise. Finally, they chose to enter the field of liquid crystal display and become one of the top names in the world. 'This is exactly the result of our reforms. On the one hand, you let us reform. , The company goes like this and you said that you can't enter this area. This is my domain. This is not enough, because globalization, you can produce, why can't I produce, and finally I can see the results of the competition'.

In addition, Yang Weimin also admitted that, strictly speaking, Chinese companies still have a big gap with the United States in the field of high technology. 'We have a bigger body and account for a big advantage in the market. We do not devalue these companies. They dominate the market. The large volume does not lie in the high level of core technology.

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