Foreign ministry spokesman geng shuang: China has repeatedly said that levying more tariffs will not solve the problem and launching a trade war will only harm others and yourself.China does not want or want to fight a trade war, but it is by no means afraid of it.China will not yield to any external pressure, and is determined and capable of safeguarding its legitimate rights and interests.
Geng shuang said that in April last year, the us announced for the first time that it would impose tariffs on Chinese exports to the us.Since then, the us has issued new threats and imposed tariff measures several times, but China has resolutely resisted.Last week's threat to raise tariffs on China's $200bn of imports from 10 per cent to 25 per cent caused an international uproar and a sharp financial market reaction.This has happened many times before.China's position and attitude are very clear, as is the us.China also calls on the us to change its course and meet China halfway to reach a mutually beneficial agreement.
Foreign ministry spokesman geng shuang said the international community highly appreciates China's calm and constructive attitude.Since then, the Chinese team has continued to hold consultations in the United States to demonstrate the utmost sincerity in pushing for a resolution of differences through responsible actions.However, some people on the us side seem to have misjudged the situation, underestimated China's determination and ability to defend its own rights and interests, and continue to confuse public opinion and charge inflated prices.China will definitely reject and firmly oppose this.
Geng shuang said that on May 10, the us formally announced a 25% tariff on us $200 billion of Chinese products.Yesterday, the tariff commission of the state council also announced China's relevant measures.This demonstrates China's determination and will to safeguard the multilateral trading system and its legitimate rights and interests.
Foreign ministry spokesman geng shuang: China has always been calm and calm about the us' caprices and extreme pressure.We urge the us side to take a look at the response of the international community, listen to the voices of people from all walks of life, calculate the gains and losses of its own interests, have a clear understanding of the situation at an early date, return to the right track, meet China halfway and strive for a mutually beneficial and win-win agreement on the basis of mutual respect.
[full text of press conference]
Foreign ministry spokesperson geng shuang held a regular press conference on May 14
At the invitation of vice President wang qishan, vice President Antonio Hamilton mardin moran of the federal republic of Brazil will pay an official visit to China on May 19, solstice 24 and co-chair the fifth meeting of the china-brazil high-level coordination and cooperation committee with vice President wang qishan.
Q: my question is similar to yesterday.President trump says he will meet with President xi jinping on the sidelines of the G20 summit in Japan next month.Is President xi also scheduled to meet with President trump?
A: my answer is the same as yesterday.The heads of state of China and the United States have been in contact through various means.As for your specific question, I have no information to offer at present.
Q: China has announced that li zhanshu, chairman of the standing committee of the National People's Congress, will pay an official goodwill visit to Norway, Austria and Hungary on May 15.President xi jinping and premier li keqiang have both made their first visits to Europe this year.Why is China's diplomacy so focused on the European direction this year?Or is it just a coincidence?
A: thank you for your close attention to China's diplomacy.Indeed, this year, President xi jinping, premier li keqiang and chairman li zhanshu have all chosen Europe for their first state visits. I think this fully demonstrates the great importance China attaches to the direction of Europe in its diplomacy. It also reflects the close interaction between China and Europe and the rising momentum of cooperation between the two sides.
As two major forces, two major markets and two major civilizations in the world, china-eu relations have become more stable, mutually beneficial and strategic in recent years. Our common interests, common positions and common goals have also increased.Both China and the eu support multilateralism. Both stand for upholding the basic norms governing international relations based on the purposes and principles of the UN charter.This is a strategic choice made by China and the eu in the face of changing international situation.
In the face of the complex international situation, China and the eu should step up communication and cooperation, make new progress in our partnership for peace, growth, reform and civilization, and work together to meet global challenges and bring more stability and positive energy to the world today.
Q: with regard to the china-us trade war, it seems that the us is now interested in imposing tariffs on all Chinese products. Is China confident of winning this trade war?
A: China has repeatedly said that levying more tariffs will not solve any problem and launching a trade war will only harm others and harm itself.China does not want or want to fight a trade war, but it is by no means afraid of it.If someone calls on our doorstep, we are bound to follow through.China will never yield to any external pressure. We are determined and capable of safeguarding our legitimate rights and interests.
You may recall that in April last year, the us announced for the first time that it would impose tariffs on Chinese exports to the us.Since then, the United States has repeatedly issued new threats and imposed tariff measures several times, but China immediately resolutely opposed them.
Last week's threat to raise tariffs on $200bn of Chinese imports from 10 per cent to 25 per cent caused an international uproar and a sharp financial market reaction.China said at the time that this was not the first time that the United States had made such a threat.At the same time, we also call on the us to change course, meet China halfway and strive for a mutually beneficial agreement.The international community highly appreciates China's calm and constructive attitude.
Since then, the Chinese team has continued to hold consultations in the United States to demonstrate the utmost sincerity in pushing for a resolution of differences through responsible actions.However, some people on the us side seem to have misjudged the situation, underestimated China's determination and will to defend its own rights and interests, and continue to confuse public opinion and make wild speculations.China will definitely reject and firmly oppose this.
On May 10, the United States formally announced a 25 percent tariff on $200 billion of Chinese products.Yesterday, the tariff commission of the state council also announced China's relevant measures.This demonstrates China's determination and will to safeguard the multilateral trading system and its legitimate rights and interests.
China has always remained calm and calm about the capriciousness and extreme pressure of the us side.We urge the us side to take a look at the response of the international community, listen to the voices of people from all walks of life, calculate the gains and losses of its own interests, have a clear understanding of the situation at an early date, return to the right track, meet China halfway and strive for a mutually beneficial and win-win agreement on the basis of mutual respect.
Q: US President Donald trump reportedly said in a tweet that China withdrew some of its commitments even after 95% of the economic and trade consultations between the two countries had been completed.Some comments said that the remarks by the us implied that China's position in the consultations had been set back, leading to setbacks in the current consultations.What is China's comment?
A: the spokesperson of China's ministry of commerce already responded to a similar question last week.Let me just say a few more words here.
First, the consultation itself is a process of discussion.It is precisely because there are differences that consultations should continue.How can we go back on our commitments when the negotiations are not over and the agreement has not been reached?
Second, if we look at the past 11 rounds of china-us economic and trade consultations, we can see who is inconsistent and who is capricious.Last may, China and the United States reached consensus on economic and trade issues and issued a joint statement in Washington.But a few days later, the americans broke their agreement.In December, the two sides agreed on China's trade and procurement figures with the United States, but the United States has since negotiated arbitrarily high prices.Therefore, China will never be blamed for backsliding and breaking its commitments.
Third, reaching an agreement requires joint efforts.China always keeps its promises and has shown the utmost sincerity and goodwill during the consultations.We hope that the us side can meet China halfway and strive for a mutually beneficial and win-win agreement on the basis of mutual respect, equality and good faith.
Q: my two questions are both about china-us trade.On your first question, the us government said that it would start the process of imposing tariffs on about us $300 billion of Chinese imports. Does China plan to take new countermeasures?Second, could you brief us on the arrangement for the next round of economic and trade consultations between the two sides?
A: I have just responded to the us threat to impose tariffs on over us $300 billion of Chinese exports to the us.We hope that the us side will not misjudge the situation and underestimate China's determination and will to safeguard its own rights and interests.Previous experience has proved that China does not want or want to fight a trade war, but is never afraid of it.If someone calls on our doorstep, we'll follow through.
On your second question, I suggest you refer to competent authorities for the specific arrangement of china-us consultation.
Q: it is reported that the us side said that if China and the us do not reach an agreement, China will be seriously hurt because foreign companies will be forced to leave China for other countries.Does China agree with the us statement?Are you concerned about this?
A: the us need not worry about China.
Over the past 40 years since China's reform and opening up, great achievements have been made in economic and social development, and the business environment for foreign investment in China has been continuously improved.
Here are some of the latest figures: the world bank's doing business 2019 report shows that China has moved up 32 places in the world in terms of ease of doing business.According to the 2019 China business environment survey released by the American chamber of commerce in China, nearly 80 percent of the companies surveyed said China's investment environment is improving or remains unchanged.Sixty-two percent of companies ranked China as the top or top three destination for global investment.According to statistics from relevant Chinese authorities, more than 60,000 foreign-funded enterprises will be set up in China in 2018, up by 69.8%.
In particular, exxon mobil corp., the largest U.S. oil company, decided last September to build a large wholly-owned petrochemical project in China despite repeated U.S. threats to impose tariffs on Chinese products over the past year.In January, the first overseas factory of the us company tesla also officially started construction in Shanghai.
Companies will naturally make business decisions based on their own interests and market principles when choosing which country to invest in and who to partner with.Whether the business environment in China is good or not and whether there is money to be made in China, foreign companies, including American companies, have shown their attitude and voted with their feet.
Finally, I would like to stress that China welcomes more investment from foreign companies. We will continue to work hard to create a more stable, fair, transparent and predictable investment and business environment for foreign investors.At the opening ceremony of the second One Belt And One Road international cooperation summit, President xi jinping announced that China will take a series of major reform and opening-up measures to promote a higher level of opening-up.We will further expand market access for foreign investment, increase imports of goods and services, and attach importance to the implementation of the opening-up policy.It is believed that this will provide new opportunities for businesses from all over the world to invest and do business in China, and will also make new contributions to upholding the free trade regime and promoting the growth of world trade.
Q: a Chinese media official said on social media that in response, China should stop buying us agricultural products, energy and Boeing aircraft and sharply cut us trade in services with China.In addition, Chinese scholars are still discussing the possibility of selling U.S. Treasury bonds and specific operational issues.Does this reflect the views of the Chinese government?
A: such questions are often raised at the foreign ministry press conferences.You should be clear about our principled stand.We do not respond specifically to the views or comments of experts, scholars and media think tanks.
I just want to point out that China does not want or want to fight a trade war, but it is not afraid of it.China is determined and capable of safeguarding its legitimate rights and interests.We urge the us side to have a clear understanding of the situation, return to the right track, meet China halfway, and strive for a mutually beneficial and win-win agreement on the basis of mutual respect, equality and good faith.
Q: according to the us' comment on tariff increase and your answer today, is it fair to say that china-us economic and trade consultation has reached a dead end or reached a deadlock?
A: China has briefed the outside world on this after the 11th round of consultations.My understanding is that China and the United States have agreed to continue the consultations.As for how to proceed, I think it depends on the further negotiations between the two sides.As for the specific arrangement, I suggest you refer it to the competent authorities.
Q: do you have anything to say about the remarks made by wang Yang, member of the standing committee of the political bureau of the CPC central committee and chairman of the national committee of the Chinese people's political consultative conference (CPPCC) to the Taiwan media at the 4th cross-straits media summit in Beijing on May 10?
A: are you referring to the diplomatic issue?(laughter)
If it is not a diplomatic matter, I suggest you refer it to the Taiwan affairs office of the state council.(source: ministry of foreign affairs website)