SCIO briefing on the 'new normal' in the Chinese economy and deepening supply-side structural reform
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E-mail China.org.cn, January 10, 2017
Bloomberg News:
In 10 days, the Trump administration will take office. A number of appointments have been made in trade and commerce sectors, including people who've shared their views towards China. At this stage, is there any reason to say that Trump will not fully implement his trade threats towards China? Can you describe the contingency plans that have been considered? For instance, we are hearing that some U.S. companies could be targeted with tax and anti-trust probes. Thank you.
Xu Shaoshi:
The election has aroused widespread attention. Mr. Trump will take office on Jan. 20. It's a general consensus that the China-U.S. relationship is one of the most import bilateral relationships in the world. The two countries shoulder particularly important responsibilities with regards to safeguarding world peace and promoting global development. We also share extensive common interests. Regarding this issue, we have already built a consensus. Maintaining sustainable, healthy and stable bilateral ties meets the fundamental interests of both sides. It's also what the rest of the world wants to see, because a harmonious China-U.S. relationship is important to the world, too.
You just mentioned the China-U.S. trade relationship. Cooperation between the two countries has been developing fast, and the scale has been expanding. This has brought benefits to both sides. It's natural for us to have different opinions and disputes, and it's our job to address them to further boost bilateral ties and trade. The two countries should talk on a basis of mutual respect and equality, thus putting disputes under control and promoting the ceaseless progress of bilateral ties. This is not only beneficial to the two countries, but also to the whole world.
Hu Kaihong:
Thank you Mr. Xu. Thank you all. This is the end of the press conference.
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