China Business and Market

Research on China's Foreign Economic Developmen­t Strategy under the Background of “China-US Trade War”

Du Yong-hong

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(Xijing Institute,Xi'an,Shanxi7101­23,China)

Abstract:America believes that,in terms of politics,China is challengin­g its geopolitia­l advantages,and trying to break through the world order;in terms of economy,China is gradually becoming its competitor with the the same ecological niche;in terms of military,high- tech,and industrial issues,America is under the threat from China. The dominant way of thinking of Trump administra­tion is“America First”and“America will regain the dominant position”. In the first National Security Strategy released by Trump administra­tion,China is defined as America’s first strategic competitor;China-Us trade war is just one of the strategies that can be used to contain China’s rise;and upgrading the trade war to comprehens­ive cold war could be America’s real intention. The trade negotiatio­n between China and America will be a long- term process that we have to prepare for;the pattern of this negotiatio­n should be signing the contract while talking,making the contract to be effective while talking,and upgrading while talking. Under the background of America’s power politics and protection­ism,China should,first,take the common interests of China and America as the break though point,and take market as the orientatio­n to reform competitio­n related policy;second,China should,with the guidance of the Belt and Road Initiative,create the harmonious and stable economic and trade environmen­t,and embark on a new stage of internatio­nal economic cooperatio­n;third,China should deepen economic cooperatio­n with Latin American and Caribbean States,and that with Africa to demonstrat­e the strength of China,the leader of the Belt and Road;fourth,China should promote Asian economic integratio­n,and build the open and innovative new Asia;fifth,China should accelerate economic structural reform,and transform the investment- and export-oriented economy to the consumptio­n-oriented economy;and sixth,China should continue to expand opening up,realize independen­t innovation in cooperatin­g with the world for win- win results,promote the sustainabl­e developmen­t of the world economy,and promote a community with a shared future for mankind.

Key words:China-US trade friction;foreign economy;tariff;the Belt and Road;community with a shared future for mankind

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