China and the United States reach a consensus not to fight trade

Special Envoy of President Xi Jinping and Vice Premier Liu He of the State Council accepted an interview with the media

Xinhua News Agency, Washington, May 19th - Special Envoy of President Xi Jinping, member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council, and Chinese leader of the China-US Comprehensive Economic Dialogue, Liu He, was interviewed by the media on the morning of the 19th. He said that the biggest achievement of the Sino-US economic and trade consultation is that the two sides reached a consensus, do not fight trade wars, and stop adding tariffs to each other.

Liu He said that this was a positive, pragmatic, constructive and fruitful visit. The two sides reached many consensuses on developing an active and healthy Sino-US economic and trade relationship. The most important reason for the positive results of this consultation is the important consensus reached by the two heads of state. The fundamental reason is the needs of the people of the two countries and the world.

Liu He said that China and the United States will strengthen trade cooperation in the fields of energy, agricultural products, medical care, high-tech products and finance. This can not only promote China's economy to high-quality development, meet the needs of the people, but also help the US to reduce the trade deficit, which is a win-win choice. At the same time, the two sides will continue to strengthen mutual investment and deepen cooperation in the field of intellectual property protection. This is not only beneficial to China and the United States, but also conducive to the stability and prosperity of global economic trade.

He stressed that China has a large middle-income group and will become the world's largest market. This market is highly competitive. If you want to gain a share in the Chinese market, exporting countries must improve the competitiveness of their products and services and let the Chinese people buy it. China is not only willing to buy from the United States, but also from the world. China will host the first international import fair and welcomes all countries from all over the world.

Liu He said that President Xi Jinping proposed four areas for expanding and opening up at the Boao Forum for Asia in 2018. We will speed up implementation according to the requirements of President Xi. Promoting reform and promoting development through openness is the experience and enlightenment of China's 40 years of reform and opening up, and will continue to persist in the future.

Liu He said that it is inevitable that the two sides will reach a consensus, but at the same time, they must also realize that it is not a cold day, and it takes time to resolve the structural problems of the economic and trade relations between the two countries over the years. The healthy development of Sino-US economic and trade relations is in line with the historical trend. No one can stop it. In the face of the new twists and turns that may be encountered in the future development of bilateral relations, we must treat it calmly, adhere to dialogue, and properly handle it.

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