China is willing to resolve mutual concerns with the U.S. through dialogue and consultation on the basis of mutual respect, but it won’t accept coercion or threats, Lou Qinjian, spokesperson for the third session of the 14th National People’s Congress, said on Tuesday, after the U.S. imposed an additional 10-percent tariff on goods imported from China.
Trade between nations should adhere to World Trade Organization (WTO) rules, and trade disputes should be resolved within the WTO framework, Lou said.
The U.S. unilateral imposition of tariffs violates these rules and undermines the security and stability of global industrial and supply chains, he added, expressing hope that the U.S. and China will meet each other halfway and, through equal consultation, find a way to resolve these issues.
History shows that the U.S. and China stand to gain from cooperation and lose from confrontation, Lou said, adding that a stable, healthy, and sustainable China-U.S. relationship is in both nations’ interests and meets the expectations of the international community.
As two major powers with different national conditions, differences between the U.S. and China are inevitable. The key, he said, is to respect each other’s core interests and major concerns and find appropriate solutions.