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No challenge can stop China's progress

Sino-US trade frictions have escalated again. The United States ignored China's sincere attitude and actions. Starting at 01:00 on May 10, 2019, Washington time, the tariff on US $ 200 billion in Chinese exports to the United States was raised from 10% to 25%. China simultaneously issued a statement announcing that it had to take necessary countermeasures.

In the face of this regrettable situation, people who closely follow the progress made in the high-level consultations between China and the United States have to ask: The United States fundamentally violates the principles of negotiation of mutual respect, equality and mutual benefit. Back to origin?

The Chinese side always believes that cooperation is the best choice and the only correct choice to solve the problem. Only by strictly following the principles and directions established by the two sides, strengthening communication, focusing on cooperation, and managing differences, can we promote the healthy and stable development of Sino-US economic and trade cooperation and bilateral relations.

The trend of Sino-US economic and trade relations is not only relevant to the two major economies, but also profoundly affects the world. Faced with the unprecedented changes in a century, economic globalization has encountered twists and turns, and uncertainty has increased. Where is human society headed? At present, American policy makers have placed a big bet on the "fighting" side, so that the clouds of "cooked interests" cover the sight of the clouds, they cannot grasp the laws of history, do not recognize the general trend of the world, and do not want to bear the responsibility of the times , Cast a shadow on the world's development prospects.

(One)

The United States has repeatedly launched trade friction offensives, which not only depleted its own national reputation, but also severely disrupted the process of Sino-US economic and trade negotiations.

Reviewing the history of Sino-US trade frictions, in March 2018, the United States provoked frictions unilaterally and escalated in a short period of time, which adversely affected the economies of the two countries and global trade.

To avoid further escalation of friction, at the G20 Leaders' Summit held in Buenos Aires, Argentina on December 1, last year, the heads of China and the United States reached an important consensus: expand cooperation on the basis of mutual benefit and expand cooperation in Manage differences on the basis of mutual respect, and jointly advance Sino-US relations based on coordination, cooperation, and stability.

经贸 The economic and trade teams of the two sides then conducted a series of consultations, held dialogues on issues of trade balance, intellectual property protection, two-way investment and other issues of common concern, continuously expanded consensus, narrowed differences, and made positive progress on a series of specific issues. China has always insisted on resolving differences through dialogue, always opening the door to negotiations, actively negotiating with the utmost patience and sincerity, and doing its utmost to find the greatest common denominator of mutual interest.

However, the United States, regardless of China's sincerity and actions, disregards the principle of equality and mutual benefit, has exerted extreme pressures and sky-high prices, escalating Sino-US trade frictions again, and casting a shadow on Sino-US economic and trade relations.

(two)

The unilateralism and hegemonism practiced by the United States has no way out, and it has brought serious negative effects on world economic growth and global trade.

As the main founder and participant of the international economic order and the multilateral trading system after the end of World War II, the United States should shoulder its due responsibilities, take the lead in complying with multilateral trade rules, and properly handle disputes with other members through the dispute settlement mechanism under the WTO framework. This is also the clear commitment made by the US government to the international community. However, while enjoying the benefits of the current international trading system, the current U.S. government exaggerates one's own domestic issues, internationalizes domestic issues, politicizes economic and trade issues, and pursues extreme pragmatism, even at the expense of publicly violating WTO rules. It is precisely the national image of the country.

骤 The sudden increase of tariffs by the US government will inevitably cause great harm to the United States itself. This is a consensus already formed in American society. "It's my business, not China, that is paying the 25% tariff, which is a tariff increase on American consumers." There has been a lot of opposition on American social media. Rick Huffenberg, president of the American Apparel and Footwear Association, said the additional tariffs would only hurt American families, American workers, American companies, and the US economy.

American farmers have also been hit. In 2018, U.S. agricultural net income fell by 12%, soy, pork, dairy, and wheat prices suffered a cliff-like decline, while profits fell while equipment prices rose. Lovi Nezell, fourth-generation farmer at the Bismark Farm in Kansas, said that because of the tariff increase, the farm has experienced "difficult economic moments" since last year, and that itself and other farmers have been victims of trade disputes. . "We survived the difficult times of the 1970s and 1980s, but we can't survive now," said cereal farmer Jim Tappon, whose family had to give up their farm after nearly 100 years of operation.

Not only that, the trade friction between the world's two largest economies has sparked international concerns about global economic growth. Not long ago, the International Monetary Fund, the World Bank, and other agencies lowered their expectations for world economic growth. Lagarde, president of the International Monetary Fund, used "unstable weather" to describe the current state of the world economy, and listed trade issues as "the world's biggest uncertainty factor." The WTO has lowered its global trade growth forecast for 2019 from 3.7% to 2.6%, the lowest level in three years.

The trade war cannot solve the problem. The US's arbitrarily protectionist behavior has harmed the interests of American consumers, farmers, entrepreneurs, and other globalized industrial chains. The current economic and political pressure in the United States is increasing, and it is difficult to bear the cost of further escalating trade frictions. International public opinion believes that the US can only return to the negotiating table in the end and really solve the problem through equal consultations. This is the only correct choice.

(three)

China adheres to principled cooperation and resolutely defends the core national interests and the fundamental interests of the people. We have the confidence, determination, and ability to meet risk challenges.

To resolve Sino-U.S. Trade frictions, China's position has always been clear-"cooperation is the best choice for both parties." "For the economic and trade differences and frictions between the two sides, we are willing to take a cooperative approach to resolve them and push for a mutually acceptable agreement. "

Cooperation is principled, not just compromise. China will never develop itself at the expense of other countries' interests, nor will it give up its legitimate development rights. For more than a year since the Sino-U.S. Trade frictions occurred, whether it is macroeconomics, corporate development, or the people's livelihood, the impact on China's economy is generally under control.

Long-term positive economic fundamentals are the fundamental support for us to deal with risks and challenges.

In the face of this complicated and severe situation, China has unswervingly promoted high-quality development, focused on deepening supply-side structural reforms, continued to fight the three major challenges, and implemented timely and moderate macro-policy counter-cyclical adjustments. The main macroeconomic indicators have remained reasonable. Within this range, market confidence has increased significantly, and new and old kinetic energy conversions have been accelerated. Looking at the transcript of the start of this year, China ’s GDP in the first quarter increased by 6.4% year-on-year, exceeding the market expectations, and remained in the 6.4% -6.8% range for 14 consecutive quarters. More importantly, the unemployment rate in urban surveys nationwide at the end of March was 5.2%, the employment situation was generally stable, and the “gold content” of development was higher and more sufficient.

"China is not willing to fight a trade war, but it is not afraid of a trade war." The impact of China-US economic and trade issues on China's economic growth is limited. In recent years, thanks to the huge market space and the potential for consumption upgrades, domestic demand has become the main engine driving China's economic growth. Last year, the contribution rate of consumer demand to economic growth has reached 76.2%. The impact of fluctuations in China-US economic and trade relations is also limited.

For more than a year, we have always maintained a high degree of vigilance. We have both the first move to prevent risks and the high-level moves to deal with and resolve risk challenges, and we have launched a strategic initiative to turn risks into dangers and turn dangers into opportunities. Measures to stabilize employment, finance, foreign trade, foreign investment, investment, and stability expectations were intensively introduced, and they were solidly implemented. The Chinese economy showed high scores. The economic growth rate ranked first among the five largest economies, with the total economic volume exceeding 900,000 for the first time. 100 million yuan, the optimization and upgrading of the economic structure, and the steady progress of China's economy has been robust.

The unique advantages of the Chinese system are our greatest confidence in dealing with risks and challenges.

The more complicated the situation and the more severe the challenges, the more important it is to play the role of the Central Committee of the Party Central Committee to centralize and lead the role of Dinghai. The closer we are to achieving the goal of the great rejuvenation of the Chinese nation, the more we need to unite closely around the Party Central Committee with Comrade Xi Jinping as the core, strengthen the "four consciousness", strengthen the "four self-confidence", and achieve "two safeguards". We should increase our awareness of sorrow, plan ahead, and accurately judge and properly respond to major risks that may arise in the economic field. We should also maintain strategic determination, forge ahead, pioneer and innovate, and work tirelessly along established grand goals.

I should see that the achievements of construction, reform, and development since the founding of New China in the 70 years, especially the historic achievements and historic changes that have taken place since the 18th National Congress of the Party, have laid a solid foundation for us to properly deal with trade frictions. Strengthening ourselves through reform and opening up, and focusing on doing our own business are fundamental ways to deal with trade frictions. It should also be seen that the strong leadership of the Party Central Committee, the superiority of China's socialist system, the high degree of unity of the country's will, and the close unity and strong support of the people across the country are the greatest advantages and fundamental guarantees for us to deal with trade frictions. . As President Xi Jinping proclaimed: "China's door to openness will not be closed, it will only open wider. The pace of China's promotion of higher levels of openness will not stagnate! The pace of China's promotion of an open world economy will not stagnate! China pushes The pace of building a community of human destiny will not stagnate! "

"Complicated and diverse situations, drumming to urge the stability of the boat." Under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, we will certainly be able to overcome all the difficulties and obstacles on the way forward, and any risks and challenges will not stop China from advancing. pace!

(four)

Sino-US relations have gone through 40 years of ups and downs and have always moved forward. The common interests between China and the United States are greater than differences, and the need for cooperation is greater than friction. Do not allow conflicts and differences to interfere with the overall situation of Sino-US relations, and do not allow prejudices to misjudge the future trend of Sino-US relations.

"You can see that the wind and waves are small in the distance, and you can feel Haiboping in the sky."

From the perspective of historical development, in the past 40 years, every major breakthrough in Sino-US economic and trade relations has pushed the relationship between the two countries to a new level; every turn in Sino-US relations cannot be separated from the "ballast stones" and "Propeller" function. Today, despite the changes in the respective situations of the two countries and the international situation, the two sides should still maintain their will, not to be confused by the moment, and not to be disturbed by the situation in one game.

From the perspective of actual needs, today China and the United States have become each other's largest trading partners and important investment targets. Every 17 minutes, a flight takes place and more than 14,000 people travel between the two sides of the Pacific each day. The annual volume of bilateral goods trade increases from less than 2.5 billion US dollars to 630 billion US dollars ... The benefits of bilateral economic and trade cooperation continue to expand, and mutual interdependence is increasing. The "you have me, you have me" pattern, and the people of the two countries continue to deepen their understanding and benefit from it, which also confirms the profound truth that "cooperation is the only correct choice between China and the United States".

In fairness, Sino-U.S. Economic and trade exchanges are huge, rich in content, broad in coverage, and involve multiple subjects. It is inevitable that some contradictions and differences will arise. However, the interests of China and the United States are deeply integrated, and market advantages are complementary. The economic and trade cooperation between the two countries is essentially mutually beneficial and win-win. Only from a comprehensive perspective, can we properly handle differences and resolve conflicts pragmatically in the interests of safeguarding the strategic interests of the two countries and the overall interests of the international order.

From the perspective of people-to-people exchanges, the friendship between the peoples of the two countries has always been the source of the development of Sino-US relations. The friendly story of "ping pong diplomacy" has spread to the folks of the two countries; Disneyland has settled in Shanghai; McDonald's, KFC, and Starbucks have spread across urban and rural China ... For the past 40 years, Sino-US civil exchanges have become more and more abundant, involving trade, law, education, and sports And many other fields. "The friendship between the nations lies in the blind date of the people." Today, 40 years later, only by following the trend of the times, responding to the voices of the people, and encouraging and supporting people from all walks of life in both countries to carry out exchanges and cooperation, can China-US relations be stable and far-reaching.

Historical experience tells people that a prosperous China is good for the United States, and a prosperous America is also good for China. China has no intention to change the United States, nor does it want to replace the United States; the United States cannot control China, and it is even less likely to hinder China's development. How China and the United States judge each other's strategic intentions will directly affect what policies they adopt and what kind of relations they develop. You cannot make mistakes on this fundamental issue, or you will make everything wrong.

"The broad Pacific Ocean has enough space to accommodate the two great powers of China and the United States." "China and the United States have extensive and important common interests, while China and the United States benefit each other, while fighting is hurt." "There is no 'Thucydides trap" in the world ... " … Chairman Xi Jinping's series of important expositions on Sino-US relations underscored the profound grasp of the general trend of Sino-US relations and the responsibility to promote the construction of a new type of great-power relations.

From a new starting point, China and the United States need to increase mutual trust, promote cooperation, manage differences, and work together to promote Sino-US relations based on coordination, cooperation, and stability. Only in this way can we be worthy of the strategic choices of the two peoples 40 years ago, and we can leave a better Sino-US relationship to future generations.

(Fives)

溯 If you trace the source along the historical development, you can see the logic of progress. Examined in the context of China's reform and opening up, trade frictions are also a "stress test", which has further strengthened our confidence and determination to comprehensively deepen reform and opening up.

Forty years ago, Time magazine in the United States questioned: Have there been such precedents for rapidly removing one quarter of the world's population from isolation and connecting with the world?

For more than 40 years, China has gone from "crossing the river by feeling for the stones" to "breaking a new road". With the golden key of reform and opening up, it has opened the door to embrace the world and achieved a great leap from catching up with the times to leading the times. Today, China has become the world's second largest economy, the largest trader of goods and the largest foreign exchange reserve country, and has become a major trading partner of more than 120 countries and regions.

China implements all-round opening up and does not rely on one country or region. The United States is China's largest trading partner, but it is not the only trading partner.

"China's reform and opening up is the most successful economic reform movement in human history after World War II." Nobel Laureate in Economics Coase concluded this in his book "Transforming China".

The door is opened, fresh air can come in, and wind and rain will come in. Various risks and challenges cannot be avoided and cannot be bypassed. This time the trade friction is not only a "hands-on trick" among big powers, but also a rough one in the growth process.

This is a test of the ability to resist pressure. In the 40 years of reform and opening up, China's strong potential energy accumulated through development has been a solid foundation for coping with shocks. China is the only country with all industrial categories of the United Nations Industrial Classification. A large market of nearly 1.4 billion people is flourishing. Abundant human capital is constantly flowing. Consumer demand has become the "first engine." Fundamentals have determined that China's economy has strong resilience. "China's economy is a sea, not a small pond." "A squally shower can overturn a small pond, but it cannot overturn the sea." Chairman Xi Jinping's words were powerful and loud.

This is an economic activity