The Ministry Of Commerce Responds To The Focus Of Sino US Economic And Trade Frictions: Do Not Underestimate China'S Determination.

World clothing shoes and hats, China's initial anti-dumping investigation on imports of sorghum from the United States will affect China's related consumption? Ministry of Commerce spokesman Summit on 19 may respond at a press conference.

How can we see whether the US sanctions on ZTE will affect more companies? The US side is willing to negotiate with the Chinese side on the list of tax products under the WTO mechanism. Does this mean that the US side's attitude is easing?

Respond to the US sanctions ZTE: do not underestimate China's determination.

Regarding the US sanctions against ZTE, the Ministry of Commerce has made a statement, pointing out that China will pay close attention to developments and stand ready to take necessary measures to safeguard the legitimate rights and interests of Chinese enterprises.

Summit emphasized this position again at the press conference.

He pointed out that the actions of the US side caused widespread concern about the trade and investment environment in the United States.

The actions of the US side are aimed at China on the surface, but ultimately hurt the United States itself, not only will it lose tens of thousands of jobs, but also affect hundreds of us related enterprises.

More importantly, it will shake the confidence of the international community in stabilizing the investment and business environment in the United States.

I hope the US will not be smart, or else it will only take its own fruit.

"We hope that the US side should not underestimate China's resolve," he said.

Gao said that if we want to curb China's development and force China to make concessions through unilateralism and trade protectionism, it is a miscalculation.

He said that China's determination and confidence in resolutely defending the interests of the state and the people will not waver.

The two sides have not yet carried out any bilateral negotiations on the list of tax products recommended by the United States.

The United States has recently expressed its willingness to consult with the Chinese side on the taxation of products under the "301 investigation" and so on, and has held consultations under the WTO dispute settlement mechanism. It is reported that this is a manifestation of the easing of the US attitude.

Gao believes that these interpretations are not true.

He pointed out that, according to its domestic law, the United States launched a "232 survey" on Chinese products and took measures to levy taxes.

"And publish a list of proposals for taxation products in China, which seriously deviate from the WTO's purposes and principles.

"Consultation is a necessary procedure in dispute settlement litigation."

Gao Feng said.

In April 4th and April 5th, the Chinese side resorted to WTO's "301 clause" tax proposal measures and the "232 clause" taxation measures under the WTO dispute settlement mechanism.

In accordance with the provisions of the dispute settlement procedure, the United States should reply within 10 days after receiving the request from the Chinese side.

At present, the US side is willing to negotiate on the above cases only to meet the procedural requirements of the Chinese side under the WTO dispute settlement mechanism.

China will push forward the lawsuit against the United States in accordance with the WTO dispute settlement procedures.

The summit stressed that the US side, based on its "301 clause", announced the measures to list the list of tax products in China, and completely abandoned the multilateral rules, which is a typical practice of unilateralism and trade protectionism.

At present, the two sides have not yet carried out any bilateral negotiations on the US "301 clause" investigation and the United States List of China's taxation products.

The counter measures to import sorghum from the US have little influence on the Chinese side.

The Ministry of Commerce announced on 17 th that the import of sorghum imported from the United States was dumping. It decided to take temporary anti-dumping measures from 18 to sorghum imported from the United States.

The peak points out that this is carefully assessed and has little impact on China.

Such as grain, China itself is a large country of grain production, grain production is generally on the rise. In 2004-2015 years, China has increased grain production for 12 consecutive years, and grain output in 2016 and 2017 was over 6 million tons, maintaining a historical high.

"According to statistics, the proportion of wheat, corn and other cereals imported from the United States accounts for less than 2% of the domestic consumption, which is mainly the need for the variety of varieties.

Even if tariffs are imposed, there will be no effect on domestic consumption. "

Gao Feng said.

He said that China has made full preparations for the possible negative impact.

China has the conditions, methods and capabilities to resolve the challenges posed by trade frictions.

The peak said that since the beginning of this year, the United States has launched 5 anti-dumping investigations and countervailing investigations on Chinese products, and the number of cases has increased substantially over the same period. 3 of the 5 products involved are iron and steel products or their products.

According to the statistics from the US side, 223 of the trade remedy measures that the United States has entered into force is for steel products or products, accounting for more than 50% of all trade remedy measures in the United States.

"We don't want to see that.

The trade remedy measures are abused by individual members, and are more opposed to trade remedy measures as a tool to promote trade protectionism.

Excessive relief for certain industries is not a radical solution to maintaining the prosperity of the industry. "

At the summit, we urge the US side to return to the right track of win-win international trade cooperation, promote global trade prosperity and stability with practical actions, and truly realize the development of domestic industries in cooperation.

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