Positive progress seen in Sino-US trade talks
China still insists both sides meet in middle to avert further action The firm stance on opening the market wider is China’s response to the challenges facing the global economy.
reseacher, Chinese Academy of Social Sciences the US a long time ago. Therefore, it will not be an issue if China imports more US energy and agricultural products,” he said.
Dong Yan, director of the International Trade Office at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, said that China’s reform and opening-up have been a consistent policy, which cannot be hindered by external pressure of trade conflicts.
Dong warned that a trade war will not only hurt China and the US, but it will also become a drag on the global economy.
“The firm stance on opening the market wider is China’s response to the challenges facing the global economy. It illustrates the country’s inclusiveness to share opportunities with the rest of the world and to fulfill its responsibilities,” she said.
Zhang Yansheng, a researcher at the China Center for International Economic Exchanges, said boosting imports will be an important policy of China for the next step as it will increase the interconnection the country has with the world.
Vice-Premier Liu He (center) chats with US Commerce Secretary Wilbur Ross (center left) during a group photo session after their meeting at the Diaoyutai State Guesthouse in Beijing on Sunday.