Response Of The Ministry Of Commerce: How To Look At The Trend Of Sino US Economic And Trade Relations In The Next Stage

Wang Wentao, Minister of Commerce, pointed out on the 24th that China has always believed that the essence of Sino US economic and trade relations is mutual benefit and win-win. The interests of both sides are deeply integrated. Cooperation is the only correct choice.

On the 24th, the office of the State Council of the people's Republic of China held a press conference on accelerating the high-quality development of business and building a new development pattern of services. At the meeting, a reporter asked how the Ministry of Commerce views the trend of Sino US economic and trade relations in the next stage. The international community pays close attention to the communication and contact between China and the United States, especially whether China and the United States can rebuild the bilateral economic and trade dialogue mechanism. What's the opinion of the Ministry of Commerce on this?

"The Chinese side has always believed that the essence of Sino US economic and trade relations is mutual benefit and win-win. The interests of both sides are deeply integrated, and cooperation is the only correct choice." Wang Wentao pointed out that in 2020, although the global trade performance is low due to the impact of the new crown pneumonia epidemic, the trade between China and the United States is going up against the trend in the difficult situation. China is the largest trading partner of the United States. Bilateral trade and investment cooperation between the two sides has made positive contributions to their respective economic recovery. This fully demonstrates that economic and trade cooperation is a positive driving force for bilateral relations and has brought tangible benefits to both sides.

"China is willing to strengthen exchanges in the economic and trade field between the two countries and carry out cooperation on the basis of mutual respect, equality and mutual benefit, so as to benefit the two peoples and the world. It should be said that in the next stage, I also look forward to working with our colleagues in the United States to strengthen communication, enhance understanding, focus on cooperation, control differences and push bilateral economic and trade relations back to the track of cooperation in accordance with the spirit of the two heads of state Wang Wentao said.