As trade tensions between China and the U.S. persist, Beijing emphasizes its commitment to defending economic sovereignty and preserving its role in global supply chains. Current affairs commentator Ding Heng argues that China's resolve stems from a rejection of unilateral pressure and a determination to uphold its development model.
"China's industrial policies have proven effective in fostering competitive advantages," the commentary notes, highlighting sectors like shipbuilding and electric vehicles. The article underscores China's position as a WTO member since 2001, with its economic growth reflecting the success of policies tailored to national conditions.
Amid U.S. accusations of market distortion, analysts observe that intermediate goods constitute over 60% of China's foreign trade, cementing its position as a critical link in global production networks. The piece references Apple's supply chain as an example of mutual benefit, supporting millions of jobs while facilitating technology transfer.
Historical parallels are drawn to 19th-century unequal treaties, with the commentary asserting: "Those days are gone." Experts suggest China's response to trade pressures reflects broader efforts to resist perceived economic hegemony while maintaining market openness on its own terms.
For global businesses and investors, the analysis highlights China's dual role as both a manufacturing hub and consumer market, with multinational corporations continuing to integrate Chinese production capabilities into their operations despite geopolitical headwinds.
