'Economic Daily Journalist': The US accuses China of stealing intellectual property rights and compulsory technology transfer. What is your comment?
'Peak': For the so-called 'compulsory technology transfer' in the United States, the accusation of 'theft of intellectual property' disregards historical facts, which is totally unacceptable. Since the reform and opening up, China's low-cost labor combined with international capital and technology has promoted China. The rapid economic growth has promoted the prosperity of the world economy and created rich returns for foreign companies. This cooperation is entirely a voluntary act of Chinese and foreign companies based on commercial contracts. After so many years, foreign companies in China have obtained After huge gains, accusing China of compulsory technology transfer and theft of intellectual property rights is not only a distortion of China’s reform and opening up and historical facts, but also a breach of commercial credit. It is a violation of the spirit of the contract. We believe that this approach is very dangerous. Will shake the institutional foundation of the market economy and free enterprise. Thank you.