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dependence of China’s growth on exports was only 18.24 percent, and the impact of exports on China’s economic growth is graduall
上海后花园y decreasing. Since the beginning of this year, despite the slowdown in world economic growth and international trade, China’s economy has st
arted well, and the main economic indicators have remained within a reasonable range. China is optimizing its economic structure, changing its dev
elopment mode, and improving its quality and efficiency. The Chinese economy is well poised to maintain the healthy trend of stable growth.上海后花园
• What is China’s position and attitude toward Sino-US economic and trade friction?
Since some people in the US provoked the Sino-US economic and trade friction, the two sides have increasingly taken divergent approaches to this issue. That is, s上海后花园
hould it be taken as a zero-sum game or based on mutual benefit, being addressed through confrontation or cooperation? Should the countries stay enc
losed or open up, maintaining a monopolistic or competitive market? Should the countries stick to unilateralism or multilateralism? All these differences are underpinned by the ulti上海后花园女神会所
mate question of whether the world is governed by the old way of hegemonism, or a new approach by building a community with a shared future for m
上海后花园女神会所ankind. China’s position and attitude toward these major fundamental issues is clear, firm and consistent.
Faced with the economic and trade friction provoked and escalated by some people in the US, China does not want a trade war. However, the country is not afra
id of a trade war and will fight one if necessary. Proceeding from safeguarding the common interests of the two countries and the world trade order, Chin上海后花园女神会所
a has responded to the concerns raised by the US with great sincerity. China overcame various difficulties, proposed practical solutions, and conducted 11 rounds of high-level ec
onomic and trade consultations with the US, which demonstrated China’s sincere desire of not fighting a trade war. How
ever, the US has continuously challenged China’s bottom line and overstepped the red line of norms governing international relations, att上海后花园女神会所
empting to sacrifice China’s rights to development and even damaging China’s sovereignty and dignity.
No matter how the situation develops, China runs its own affairs well. The fundamental way to deal with ec
onomic and trade friction is to develop itself through reform and opening-up, which China will continue to deepen.
roductivity in the service sector, which is an important thing that China is focusing on to stabilize economic growth,” Zhu said.
Chen Yulu, a vice-governor of the PBOC, also supported a “full-scale” opening of the financial sector. In the future, foreign invest
ors are welcome to conduct all forms of financial business in China, excepting those being named on a neg
ative list, and authorities are researching a new regulatory system, Chen said at the forum on Saturday.
Li Daokui, director of the Academic Center for Chinese Economic Practice and Thinking at Tsing
hua University, said China “should be more confident” in accelerating opening-up of its financial sec
tor, which will help global investors seize numerous opportunities in the Chinese market.
Domestic financial institutions are now capable of engaging in fiercer competition with global peers as their serv
ice abilities in many aspects, such as banking and insurance, have improved a lot over the past years, Li said.
dialogues based on harmony in diversity and inclusiveness. We need to undertake the cultural responsibility of inter
national communicators, and let exchanges of culture and among civilizations, as well as mutual learning, co
nstantly serve as bridges for people’s friendship, the impetus of international cooperation and bond of world peace.
Second, we should become builders of world peace and development. The wheel of humanities’ de
velopment is unstoppable. Peace, reconciliation and harmony are historical trends. Equality, mut
ual trust and win-win cooperation are historical necessities. Yet, as international conventions are attacked an
d multilateral mechanisms are challenged, the anti-globalization tendency rises, and unilateralism and tra
de protectionism are becoming increasingly fierce. We must adamantly safeguard the contemporary interna