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ally those whole-heartedly trumpeting an all-round trade war.
But as Paulson also pointed out, what is at stake goes far above and beyond a trade war.
上海千花坊Which is why, despite their continuing differences, Beijing and Washington should work together to make the upcoming Xi-Trump meeting a success.
Economic disputes will not come in the way of China’s reform and opening-up efforts to attract investment
Over the past year, the US government has unilaterally provoked and escalated economic and trade friction with China, with negative impacts on bilateral economic, trade ties and global economic development.上海千花坊
During this rare dispute, voices from home and abroad have made a lot of statements, making the cause and the facts clearer. China-US economic and trade friction in上海千花坊
volves a lot of issues, which need further clarification. The Chinese believe in truth and are not afraid of the clarifications.
• Is the Sino-US trade relationship a zero-sum game?上海千花坊女神会所
Some people in the US stirred up economic and trade friction with China with a solitary reason in mind – loss of profit to US firms and excessive gains for Chinese firms in bilateral
上海千花坊trade, making the issue a threat to Washington’s economic and even national security. This view, which is full of Cold War bias, reflects the hegemony and zero-sum ga
me thinking. Is Sino-US economic and trade relation a zero-sum or win-win game? The answer is clearly both in theory and in practice.
In international economic cooperation, trade relations are based on mutually beneficial exchanges, rather than a zero-sum game in which one side benefits and the o
t上海千花坊女神会所her loses. International trade can lead to optimized allocation of global resources, the common development of all economies involved and the common pr
ogress of human society. The history of international trade and the trade between China and the US have proved that such a practice is effective, and such p
ractical experience has long been the basic principle of international economic study. Since the establishment of diplomatic relations between the two co上海千花坊女神会所
untries, bilateral trade in goods increased 252-fold, from less than $2.5 billion to $633.5 billion between 1979 and 2018.
In the past four decades, two-way investment has grown from almost zero to over $160 bil
lion, making the two countries a vital investment partner for each other. The history of Sino-US ec
onomic and trade relations proves that both countries have benefited in industrial development and optimization. The trade relations have cre
ated a situation in which both parties won rather than one in which China progressed and the US lost out.
• Is US’ insistence on “fair trade “really fair?
Some people in the United States accuse China of adopting unfair and unequal trade policies that
have caused the US trade deficit with China. They tried to grab fair trade as a way to keep the moral high
ground in public opinion. However, what is “fair trade”? Fairness is a matter of history. In international trade, due to the difference in the stages of developm
ent, specific conditions and interests from different countries, in order to make trade happen smoothly, the
international community has formed trade rules through negotiations on an equal footing.
of representatives from Russia, Malaysia, Bulgaria, South Korea as well as the Hong Kong special administrative region and Taiwan.
上海千花坊The involved parties will hold a total of eight matches in the exhibition hall.
“Since the beginning of the fair, CISMEF has been committed to popularizing the general economic policies made by our State,” He said.
“Topics have been based on the reform of supply-side structures, innovation as an engine, the Belt and Road Initiative and the construction of a new model for an opening economy,” He added.
“The fair has been helping SMEs to better know about economic development, giving solutions to enterprises for solving difficulties 上海千花坊
in their expansion and transformation, providing new perspectives on 上海千花坊女神会所innovation and expanding their horizons in innovation and healthy development.”
In addition to e-commerce, emerging industries – such as smart manufacturing, ener
gy-saving, environmental protection and the electronic information sectors – will also be highlights of the fair.
上海千花坊女神会所On Sept 21, the media briefing on forums and events for the 14th China International Small and Medium Enterprises Fair (CISMEF) was held in Guangzhou.
Guests present at the briefing included He Zuoxian, deputy director-general of the Guangdong SME Bureau, as well as representatives of forum and event organizers.
As an international service platform for Chinese and foreign SMEs to attract capital, technologies an 上海千花坊
d intelligence, CISMEF will deliver a wide variety of events rich in content and with actual effe
cts, including six key forums and events (China SME Summit, SME Cross-border Matchmaking Activity, 2017 “Maker in China” Innovation & Entre
上海千花坊女神会所preneurship Competition, the second Asia-Europe Seminar on SME Financing , 2017 Specific Action of the “Belt and Road” Guangdong Tour – Wak
ing into Africa Activities and SME Informatization Application Promotion Activity and Informatization Forum). Mo
re than 40 specialized and supporting forums and events, as well as eight overseas exhibition groups promotion events, he noted.
US states continue to value trade relations with China, despite ongoing tensions at the i
nternational level, and they hope tensions will be resolved through negotiations.
“I’m very optimistic on the China-US trade relationship,” Cyrus Habib, lieutenant governor of Washington, said in an inter
view with China Daily as he was attending the Fifth China-US Governors Forum in Lexington, Kentucky, last week.
China is the state of Washington’s top trading partner, with more than 20 percent of the state’s expor
ts going to China, and around 30 percent of its imports came from China in 2018, according to the US Census Bureau.
“It’s truly something that touches every part of our state,” said Habib. “And that went from the i
nformation communication technology sector and manufacturing sector all the way to the agricultural industry and tourism.”
hina is drafting a list of foreign parties considered “unreliable enti
ties” that harm the interests of Chinese companies, said the Ministry of Commerce on Friday.
Detailed measures of the plan are to be disclosed at a later date.
The list will target companies, people and organizations that fail to abide by market rules, violate th
e spirit of contract, block Chinese companies for non-commercial reasons, and severely violate Chinese co
mpanies’ legitimate rights, said Gao Feng, the ministry’s spokesman, in a media briefing on Friday.
“Due to the increasing uncertainties in the global economy, including
the rising trade protectionism and unilateralism, the multilateral trading system is facing s
evere challenges and regular international commercial activities have been disrupted,” Gao said.