China has outlined its official position on navigating economic relations with the United States through a comprehensive white paper released by the State Council Information Office on Wednesday. Titled China's Position on Some Issues Concerning China-U.S. Economic and Trade Relations, the document advocates for dialogue rooted in mutual respect and shared economic interests amid escalating global uncertainties.
Key Points from the White Paper
The paper highlights the foundational role of China-U.S. economic ties in supporting global stability, noting that bilateral trade has historically benefited both nations. It emphasizes China’s commitment to win-win cooperation, citing efforts to uphold the phase-one trade agreement by strengthening intellectual property protections, expanding market access for U.S. agricultural and financial services, and opposing forced technology transfers.
Additionally, the white paper stresses China’s alignment with World Trade Organization (WTO) principles, outlining steps to reduce tariffs, improve regulatory compliance, and foster a business-friendly environment. However, it criticizes recent U.S. policies, including expanded national security definitions and unilateral tariffs, as destabilizing factors that threaten mutual economic progress.
A Path Forward
Reiterating the risks of confrontation, the document calls for renewed cooperation to address disputes through dialogue, stating: History has shown cooperation benefits both sides, while confrontation results in mutual loss. It urges the U.S. to collaborate on equitable terms to ensure sustainable growth for both economies and the world at large.
The release arrives as global stakeholders watch closely for signs of de-escalation between the two largest economies, with implications for supply chains, markets, and international trade frameworks.
