Chinese Foreign Minister Wang Yi highlighted the importance of reciprocal cooperation between China and the U.S. during a press conference on Friday, addressing growing concerns about technology competition and economic decoupling. Speaking at the sidelines of the 14th National People's Congress in Beijing, Wang emphasized that innovation cannot be stifled by restrictive policies, urging collaboration over confrontation.
Responding to a question about tech rivalry from CGTN's Tian Wei, Wang cautioned that attempts to suppress China through supply chain disruptions or unilateral pressure would result in “self-isolation” for those involved. “High fences and small yards cannot lock down technological progress,” he stated, reinforcing China's stance against protectionist measures.
Wang stressed that mutually beneficial business relations have historically driven global growth. “One cannot fantasize about hindering China while expecting stable bilateral ties,” he added, signaling Beijing's readiness to respond firmly to external challenges. His remarks come amid heightened scrutiny over cross-border tech investments and semiconductor trade restrictions.
Analysts suggest Wang's comments reflect China's strategic focus on stabilizing economic partnerships while navigating geopolitical complexities. The speech underscores Beijing's call for fair competition frameworks, which could shape future dialogues between the world's two largest economies.
