China issues white paper on China-US trade talks

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Wang Shouwen (right), vice-minister of commerce answers questions on the white paper at a news conference on June 2. [Provided to chinadaily.com.cn]

The State Council Information Office on Sunday issued a white paper to provide a comprehensive picture of the China-US economic and trade consultations, and present China's policy position on these consultations.

Wang Shouwen, vice-minister of commerce, answered questions on the white paper at a news conference on June 2.

Here are the highlights:

China does not want but is not afraid of a trade war

US-imposed tariff measures harm others and are of no benefit to itself

US-provoked trade friction perils entire world

US accusation of China IP theft, forced technology transfer unfounded

China-US trade, investment are mutually beneficial

US backtracks on commitments in China-US trade consultations

China committed to credible consultations based on equality, mutual benefit

China will not give ground on issues of principle

No challenge will hold back China's development

Cooperation is only correct choice for China and US

Source: China Daily

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