Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, July 4 (Xinhua) — Dialogue and cooperation are the right path, a Chinese Ministry of Commerce spokesperson said Friday, commenting on the US lifting some trade and economic restrictions on China.
The Chinese Ministry of Commerce spokesperson made the comments at the request of journalists on recent reports that relevant Chinese enterprises have received notifications from the US Department of Commerce to resume exports to China of products such as electronic design automation software, ethane and aircraft engines.
The department’s representative said that following the Chinese-American trade and economic talks in London, the parties recently confirmed specific details of the implementation of the important agreements reached by the heads of the two states during their telephone conversation on June 5, as well as details of securing the results of the trade and economic talks in Geneva.
As part of this process, China is considering export license applications for relevant controlled goods in accordance with laws and regulations, while the United States has taken corresponding steps by lifting a series of restrictive measures against China, which has already been informed to the Chinese side.
Describing the framework reached during the trade and economic talks in London as “hard-won”, the official stressed that dialogue and cooperation were the right way forward, while threats and coercion “lead nowhere”.
The Commerce Ministry representative called on the US to deeply understand the mutually beneficial nature of China-US economic and trade relations, continue to work with China to meet each other halfway, correct mistakes, and take practical actions to protect and implement the important consensus reached during the telephone conversation between the leaders of the two countries, so as to jointly promote the sustainable and long-term development of bilateral economic and trade relations. -0-