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.

China Daily (Latin America Weekly) - - Front Page - By LI XIANG, ZHONG NAN and JING SHUIYU Con­tact the writ­ers at lix­i­ang@chi­nadaily.com.cn

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.

ANDY WONG / REUTERS

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.

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