Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, July 31 (Xinhua) — The two sides had a frank, in-depth and constructive exchange of views on major topics of common interest during the latest round of China-U.S. economic and trade talks in Stockholm from Monday to Tuesday, sending a clear signal that the world's two largest economies remain committed to dialogue, resolving differences and strengthening global stability.
Based on the consensus reached during the talks, the parties will continue to promote a 90-day extension of the pause in the 24 percent mirror tariffs of the US side and the countermeasures of the Chinese side.
The progress achieved in the talks once again demonstrates that as long as both sides follow the important consensus reached by the two heads of state and adhere to the principle of equal dialogue and consultation, they can effectively resolve differences, enhance mutual trust and push bilateral economic and trade relations in a healthy, stable and sustainable direction.
During the talks, the Chinese side emphasized that the essence of Chinese-American trade and economic relations is mutual benefit. China and the United States benefit from cooperation and lose from confrontation. The American side also stated that stable trade and economic relations between Washington and Beijing are of great importance for the economies of both countries and the world as a whole.
This shared awareness has become a key foundation for both sides to come together, engage in constructive dialogue and make tangible progress.
For decades, the two largest economies have been deeply integrated, with broad common interests and enormous potential for cooperation in trade and economic matters. Such strong economic complementarity cannot be easily destroyed by any artificial tariff barriers.
China approaches the consultations with 100 percent sincerity, firmly adhering to its principles without compromise, and consistently emphasizing the need to respect each other's core interests. China's position on the mirror tariffs unilaterally imposed by the United States is clear and consistent: they are essentially acts of unilateralism and protectionism that violate the rules of the World Trade Organization.
China is willing to properly resolve differences and find solutions through dialogue and consultation. However, such dialogue must take place on an equal basis. China's right to development is inalienable, and its determination to safeguard its core interests and development rights remains unwavering. Any attempt to pressure China to make concessions on fundamental issues is unrealistic.
Some of the deeper problems in China-US trade and economic relations are difficult to resolve overnight, but progress begins with concrete steps. /The Chinese side/ hopes that Washington will move in the same direction as Beijing, implementing the important consensus reached by the two heads of state and the positive momentum gained from the talks.
In this way, both sides can contribute to stabilizing their economic ties, strengthening mutual trust, reducing misjudgments, deepening cooperation, and quickly returning bilateral relations to the track of healthy and sustainable development. –0–
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