Ministry of Commerce: China and the U.S. heads of state reach important consensus on the direction of eliminating all mutually imposed tariffs

On March 9,, the press center of the second session of the 13th National People's Congress held a press conference at 10:30 p.min the press release hall of the Medea Center, inviting Minister of Commerce Zhong Shan, Vice Minister and Deputy Representative of International Trade Negotiations Wang Yiwen and Vice Minister Qian Keming to answer questions from Chinese and foreign journalists on "promoting the formation of a strong domestic market and promoting all-round opening-up"AGb
Bloomberg News reporter:AGbmy question to Vice Minister Wang YuwenDoes China accept the gradual elimination of tariffs as part of the agreement? Will China accept the U.Simplementation mechanism? Whether to decide whether to cancel tariffs on the basis of China's implementation of the agreement, or whether China will impose tariffs if it implements the agreement? Does China want to eliminate all tariffs imposed as part of the agreement, or make it clear in the agreement that neither side can retaliate? What do you think of the next steps in Sino-US economic and trade negotiations? Can an agreement be reached tomorrow or later this month?"
AGbthank you for your questions, " said Wang Yuwen, Vice Minister of Commerce and Deputy Representative for International Trade NegotiationsaAGbWe have all seen that imposing tariffs on each other is not good for anythingU.Sexports to the world grew by more than 7 percent, but exports to China fell 7 percent, according to statistics released in the last two daysStatistics for January and February also show that our import and export trade with the United States fell by 19.9%Therefore, the mutual tariff can be said to be bad for workers, farmers, export enterprises, manufacturing enterprises, it damages the confidence of investors, slows down the enterprises to make investment decisionsIt can be said that the mutual tariff stake harms the interests of the United States, the interests of China and the interests of the worldAGb
On December 1 last year, the heads of state of China and the United States reached an important consensus in Argentina that the two sides should step up negotiations and reach an agreement that would jointly eliminate the additional tariffs imposed on each other and stop adding new tariffsThe economic and trade teams of the two countries are making full efforts to implement this important consensus reached by the two heads of stateFrom 1 December last year to today, over a period of more than three months, the economic and trade teams of the two sides have held three rounds of high-level consultations, which can be said to have made substantial progress on a number of important issuesNow, the economic and trade teams of the two sides are continuing to communicate and consult at full capacity, which is to reach an agreement to eliminate all mutually imposed tariffs and bring bilateral trade back to normal track in accordance with the principles and directions of consultations set by the two heads of stateAGb
You have just asked about the implementation of the mechanism, which Minister Chung has answered the other dayWhat I can tell you is that any implementation mechanism must be two-way, fair and equitableI feel hopeful when you ask edited the prospects for the next China-Us economic and trade consultationsFirst of all, the heads of state of China and the United States have reached an important consensus, and set the principles and direction, that is, to eliminate the tariffs imposed on each other altogether I also feel hopeful that the bilateral economic and trade consultation teams are making every effort to implement the consensus reached by the two heads of state I have just mentioned that three rounds of consultations have taken place in more than three months AGb
　　On the first day of this year's Spring Festival holiday, China and the United States held consultations in Beijing Less than three days after the Beijing consultations, the Chinese delegation went to Washington for consultations The Washington consultations came as a day of heavy snow in Washington and the U.S government "closed down", but the two teams continued to communicate and negotiate The planned high-level consultations were only two days, which were later added to four days During the consultation, we have lunch boxed lunch I can tell you a detail, Liu He Vice Premier and Lethizer are bought from the outside box of rice, Liu Vice Premier eat sourcing beef burgers, Letchze eat eggplant, chicken ding Throughout the consultation, there was coffee and tea, but the two of them didn't drink coffee, didn't drink tea, and drank boiled water, which is what they wanted to find in common Throughout the weekend, consultations have been taking place, including now that the economic and trade teams of both sides are communicating around the clock in the text of the consultation This is the second point that I think is promising Most importantly, it is in the interest of the United States, in the interest of China and in line with the expectations of the world to reach a mutually beneficial and win-win agreement Thank you AGb On March 9, the press center of the second session of the 13th National People's Congress held a press conference at 10:30 p.m in the press release hall of the Medea Center, inviting Minister of Commerce Zhong Shan, Vice Minister and Deputy Representative of International Trade Negotiations Wang Yiwen and Vice Minister Qian Keming to answer questions from Chinese and foreign journalists on "promoting the formation of a strong domestic market and promoting all-round opening to the outside world" AGb
　　Bloomberg News reporter: AGb my question to Vice Minister Wang Yuwen Does China accept the gradual elimination of tariffs as part of the agreement? Will China accept the U.S implementation mechanism? Whether to decide whether to cancel tariffs on the basis of China's implementation of the agreement, or whether China will impose tariffs if it implements the agreement? Does China want to eliminate all tariffs imposed as part of the agreement, or make it clear in the agreement that neither side can retaliate? What do you think of the next steps in Sino-US economic and trade negotiations? Can an agreement be reached tomorrow or later this month? "
AGb thank you for your questions, " said Wang Yuwen, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations a AGb We have all seen that imposing tariffs on each other is not good for anything U.S exports to the world grew by more than 7 percent, but exports to China fell 7 percent, according to statistics released in the last two days Statistics for January and February also show that our import and export trade with the United States fell by 19.9% Therefore, the mutual tariff can be said to be bad for workers, farmers, export enterprises, manufacturing enterprises, it damages the confidence of investors, slows down the enterprises to make investment decisions It can be said that the mutual tariff stake harms the interests of the United States, the interests of China and the interests of the world AGb
　　On December 1 last year, the heads of state of China and the United States reached an important consensus in Argentina that the two sides should step up negotiations and reach an agreement that would jointly eliminate the additional tariffs imposed on each other and stop adding new tariffs The economic and trade teams of the two countries are making full efforts to implement this important consensus reached by the two heads of state From 1 December last year to today, over a period of more than three months, the economic and trade teams of the two sides have held three rounds of high-level consultations, which can be said to have made substantial progress on a number of important issues Now, the economic and trade teams of the two sides are continuing to communicate and consult at full capacity, which is to reach an agreement to eliminate all mutually imposed tariffs and bring bilateral trade back to normal track in accordance with the principles and directions of consultations set by the two heads of state AGb
　　You have just asked about the implementation of the mechanism, which Minister Chung has answered the other day What I can tell you is that any implementation mechanism must be two-way, fair and equitable I feel hopeful when you ask edited the prospects for the next China-Us economic and trade consultations First of all, the heads of state of China and the United States have reached an important consensus, and set the principles and direction, that is, to eliminate the tariffs imposed on each other altogether I also feel hopeful that the bilateral economic and trade consultation teams are making every effort to implement the consensus reached by the two heads of state I have just mentioned that three rounds of consultations have taken place in more than three months AGb
　　On the first day of this year's Spring Festival holiday, China and the United States held consultations in Beijing Less than three days after the Beijing consultations, the Chinese delegation went to Washington for consultations The Washington consultations came as a day of heavy snow in Washington and the U.S government "closed down", but the two teams continued to communicate and negotiate The planned high-level consultations were only two days, which were later added to four days During the consultation, we have lunch boxed lunch I can tell you a detail, Liu He Vice Premier and Lethizer are bought from the outside box of rice, Liu Vice Premier eat sourcing beef burgers, Letchze eat eggplant, chicken ding Throughout the consultation, there was coffee and tea, but the two of them didn't drink coffee, didn't drink tea, and drank boiled water, which is what they wanted to find in common Throughout the weekend, consultations have been taking place, including now that the economic and trade teams of both sides are communicating around the clock in the text of the consultation This is the second point that I think is promising Most importantly, it is in the interest of the United States, in the interest of China and in line with the expectations of the world to reach a mutually beneficial and win-win agreement Thank you AGb