Ministry of Commerce: US extreme pressure will not drag China's economy

The spokesman of the Ministry of Commerce said on the 27th that the US bullying, the extreme pressure of pressure will not intimidate China, nor will it drag the Chinese economy. On the contrary, we will turn the challenge into a driving force for development and promote the Chinese economy. Transformation and upgrading and high quality development.

The peak was made at the regular press conference held by the Ministry of Commerce on the same day. Recently, the United States officially landed a 10% tariff on the US$200 billion worth of Chinese exports to the United States, and announced the addition of tariff rates since 2019. From January 1st to 25%, the US even threatened to impose tariffs on all Chinese exports to the United States.

Gao said that China does not know the true intention of the US side to rebel, nor does it favor the politicization of economic and trade issues. As far as Sino-US economic and trade frictions are concerned, the door to Chinese negotiations has always been open, but negotiations must show sincerity, treat each other as equals, and abide by promises. Whether it is possible to restart consultations and when to negotiate will depend entirely on the US side.

He said that he hopes that the US will recognize the situation and not underestimate China's determination, confidence and ability. Only by following the basic norms of international relations and properly resolving Sino-US economic and trade frictions through mutual respect and equal consultation is the maintenance of China and the United States and the world. The right choice for a healthy and stable economic development.

'We hope that Sino-US economic and trade frictions can be properly resolved, and at the same time, we are ready to respond to various possible preparations.' Gao said that China's determination to safeguard its own development rights and interests will not change, and the firm pace of opening up to the outside world will not stop. We will In accordance with the pace of its own development, timely introduction of reform and opening up measures, and constantly promote the Chinese economy to a higher quality.

At the press conference of the National New Development Office held recently, the relevant person in charge of the National Development and Reform Commission also stated that the impact of US tariffs on China’s 200 billion US dollars in goods is inevitable, but the overall risk is controllable because the Chinese economy as a whole has resilience and economic domestic demand. Have potential, and the competitiveness of market players is constantly improving.

2016 GoodChinaBrand | ICP: 12011751 | China Exports