China Pledges Cooperation With Trump Administration on TradeBloomberg News
China will cooperate with the incoming administration of Donald Trump to help promote healthy trade development and economic relations, a government spokesman said.
"China and the U.S. can find ways to solve problems through dialogue and negotiation," Ministry of Commerce spokesman Sun Jiwen said Thursday at a briefing in Beijing. Bilateral trade and economic cooperation have made the two nations inseparable since relations were established more than three decades ago, and that’s reinforced every day, Sun said.
Sun added that cooperation benefits both nations and confrontation hurts, echoing comments from President Xi Jinping and other leaders preparing for Trump to take office Friday.
Xi used his speech this week to the World Economic Forum in Davos to warn trade wars have no winners and protectionism should be rejected, his first public rebuttal of policies advocated by Trump, who has threatened to slap tariffs on imports from China. China’s government also released plans this week to relax restrictions on foreign investment.
Sun also said the ministry is working with other agencies to accelerate the pace of creating seven new pilot free trade zones, including one in the northeastern province of Liaoning.
— With assistance by Jeff Kearns, and Feifei Shen