Chicago and China's 8 cities sign cooperation plan under Sino US trade friction

Chicago and China's 8 cities sign cooperation plan under Sino US trade friction

Original title: Chicago signed a cooperation plan with 8 cities in China: "the light of free trade is illuminated to the darkest hour".

The office of the United States trade representative issued a statement on July 10th, according to the news of China: the office of the United States trade representative published a list of the recommended products for the collection of tariffs on 200 billion US dollars in China's United States products. The list covers clothing, TV parts and refrigerators, with a duty rate of about 10%.

It is worth mentioning that taxation is not immediately effective. Ma Jun, director of the Research Center for finance and development of Tsinghua University, told the media that the process of consultation will last for about two months, and the process will be completed in August 30th. Since then, it is possible for the US side to take action. Finally, whether or not to levy taxes and what products to levy will have various uncertainties in the next two months.

Ministry of Commerce: the US side's behavior is irrational and unpopular. China has to make the necessary counter measures.

A spokesman for China's Ministry of Commerce said yesterday that it was totally unacceptable for the United States to publish the tax list in an accelerated manner. The Chinese side expressed its solemn protest. The actions of the US side are hurting China, hurting the whole world, and hurting ourselves. This irrational behavior is unpopular.

He also mentioned that China was shocked by the US side's actions. In order to maintain the core interests of the state and the fundamental interests of the people, the Chinese government will, as always, have to make the necessary anti system, and immediately bring an additional prosecution to the World Trade Organization on the unilateralism of the United States.

Foreign Ministry spokesman Hua Chunying also said yesterday that the US side's behavior is a typical trade bullying. China will make the necessary counter measures and resolutely safeguard its legitimate legitimate rights and interests. "I want to emphasize once again that this is a battle between unilateralism and multilateralism, protectionism and free trade, power and rule. The international community should make joint efforts to resolutely resist unilateralism, oppose protectionism and safeguard the multilateral trading system and free trade rules. This is the responsibility and responsibility that a responsible country should have. "

The trade war caused the international community to worry about the domestic enterprises being forced to deal with.

In recent days, the United States launched a trade war has caused concern among the international community. Lagarde, President of the International Monetary Fund, said the United States needs to bear the consequences of "tariff damage" to the world trade system. Azevedo, director general of the world trade organization, warned that the global trading system is beginning to waver. Greenspan, the former chairman of the Federal Reserve, believes that the duties imposed by the United States are actually paid by American nationals. Carney, the governor of the Bank of England, said the United States will become the biggest loser in a comprehensive trade war.

In the United States, faced with the counter measures adopted by many countries, many enterprises are forced to take measures to cope with the increase in operating costs. The largest nail maker in the United States has announced layoffs, saying the company may move to Mexico; the famous motorcycle brand, Harley - Davidson, has announced the transfer of part of its business overseas. The pork industry in the United States is suffering from government tariffs, and exports to Mexico and China are poor. Trade associations openly oppose the tariff measures of the executive branch.

Chicago signed a cooperation plan with 8 cities in China: "the light of free trade is illuminated to the darkest hour".

Also yesterday, a forum for investment cooperation between Chinese cities and American cities was held in Beijing. In this activity, China's 8 cities and Chicago, the United States signed the key industrial cooperation plan for the next 5 years. The event was also called "the light of free trade to the darkest hour" by the responsible person of the Ministry of Commerce of China.

In this event, the "2018 Chinese city and the Chicago investment cooperation forum", based on the good cooperation of the previous 5 years, the mayor of Chicago, Rahm, United States. Emanuel took the group to China and continued to sign the cooperation plan with the 8 cities of China for the next 5 years. At the scene, he invited all the US representatives to rise to welcome China and won warm applause.

Rahm. Emanuel said that maintaining an open, cooperative and competitive environment is an important reason for Chicago to become the most attractive city in the United States. Under the current situation, the cooperation between China and the United States is crucial, and Chicago welcomes the cooperative competition between the two countries.

Emanuel said that five years ago they signed a memorandum of understanding between Chicago and Chinese cities, and since then, trade between China and Chicago has increased by 100%. We will make greater progress in the next five years, especially in the light of some of the world's conditions, our cooperation is vital and we are opposed to confrontation, and I am very confident that we are a cooperative competition.

According to the "2018-2023 five year key industrial cooperation plan" signed by both sides, the 8 cities of China and Chicago will build a two-way investment promotion platform with industry as the main line in the fields of medical health, advanced manufacturing and innovation technology. Li Chenggang, Assistant Minister of Commerce of China, said that the Ministry of Commerce has attached great importance to the development of economic and trade relations with all States and cities in the United States. Chicago has become a bridgehead for Chinese enterprises to invest in the United States. In the current situation, the delegation's visit shows that the United States local government and the industry have confidence in the prospect of economic and trade cooperation between the two countries. Positive signals from trade, support for bilateral economic and trade cooperation, and against trade protectionism.

Li Chenggang said that since the beginning of this year, the economic and trade cooperation between China and the United States has maintained overall growth, but the negative effects of trade frictions have already appeared. China and the United States are bound to destroy the pattern of trade division between China and the United States. Both enterprises will suffer losses and trade war will not win. Cooperation is the only right choice between China and the United States.

Editor in responsibility: Zhang Di

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