Chinese official emphasizes China-US trade continuity

Firms included on the new blacklist will be banned from trading with China, Beijing says. Photo: Bloomberg. Sketched by the Pan Pacific Agency.

BEIJING, Aug 26, 2021, China Daily. Economic and trade teams of China and the United States have maintained normal communication, Gao Feng, spokesperson of China’s Ministry of Commerce, told an online media briefing on Thursday when answering questions regarding China-US comprehensive economic dialogue, China Daily reported.

During the first seven months of the year, bilateral trade in goods between China and the US increased 40 percent year-on-year. China’s imports from the US surged 50.4 percent on a yearly basis, while exports to the US grew 36.9 percent from a year ago, he said.

The trade figures fully demonstrate the Chinese and US economies are highly complementary, and their bilateral economic and trade cooperation is in line with the interests of the two countries and their people, according to Gao.

China always believes the US increasing tariffs is not good for China, the US, or the recovery of the world economy, he said.

China always emphasizes the two sides should work together to create conditions for the expansion of China-US trade cooperation, he added.

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