ally those whole-heartedly trumpeting an all-round trade war.
But as Paulson also pointed out, what is at stake goes far above and beyond a trade war.
上海千花坊Which is why, despite their continuing differences, Beijing and Washington should work together to make the upcoming Xi-Trump meeting a success.
Economic disputes will not come in the way of China’s reform and opening-up efforts to attract investment
Over the past year, the US government has unilaterally provoked and escalated economic and trade friction with China, with negative impacts on bilateral economic, trade ties and global economic development.上海千花坊
During this rare dispute, voices from home and abroad have made a lot of statements, making the cause and the facts clearer. China-US economic and trade friction in上海千花坊
volves a lot of issues, which need further clarification. The Chinese believe in truth and are not afraid of the clarifications.
• Is the Sino-US trade relationship a zero-sum game?上海千花坊女神会所
Some people in the US stirred up economic and trade friction with China with a solitary reason in mind – loss of profit to US firms and excessive gains for Chinese firms in bilateral
上海千花坊trade, making the issue a threat to Washington’s economic and even national security. This view, which is full of Cold War bias, reflects the hegemony and zero-sum ga
me thinking. Is Sino-US economic and trade relation a zero-sum or win-win game? The answer is clearly both in theory and in practice.
In international economic cooperation, trade relations are based on mutually beneficial exchanges, rather than a zero-sum game in which one side benefits and the o
t上海千花坊女神会所her loses. International trade can lead to optimized allocation of global resources, the common development of all economies involved and the common pr
ogress of human society. The history of international trade and the trade between China and the US have proved that such a practice is effective, and such p
ractical experience has long been the basic principle of international economic study. Since the establishment of diplomatic relations between the two co上海千花坊女神会所
untries, bilateral trade in goods increased 252-fold, from less than $2.5 billion to $633.5 billion between 1979 and 2018.
In the past four decades, two-way investment has grown from almost zero to over $160 bil
lion, making the two countries a vital investment partner for each other. The history of Sino-US ec
onomic and trade relations proves that both countries have benefited in industrial development and optimization. The trade relations have cre
ated a situation in which both parties won rather than one in which China progressed and the US lost out.
• Is US’ insistence on “fair trade “really fair?
Some people in the United States accuse China of adopting unfair and unequal trade policies that
have caused the US trade deficit with China. They tried to grab fair trade as a way to keep the moral high
ground in public opinion. However, what is “fair trade”? Fairness is a matter of history. In international trade, due to the difference in the stages of developm
ent, specific conditions and interests from different countries, in order to make trade happen smoothly, the
international community has formed trade rules through negotiations on an equal footing.
The inland port cooperates with major rail service providers and customs in Kazakhstan, Russia and Germany, as well as major ticket-booking portals for ferries and railways across large parts of Europe.上海千花坊
“At present, no other trade hub in China is able to amass such a huge trove of data as we do with our system,” Ma said.
According to the port area authorities, during a recent trial of the system freight trains r
eturning from the West were carrying goods at an average 80 percent of their full capacity.上海千花坊女神会所
Between 2016 and the middle of this month, more than 2,400 trains had hauled goods acro
ss the port area, via about 20 routes of the China Express Railway, and made their way to 25 cities in 18 countries.
上海千花坊In addition to improving the efficiency and connectivity of the China Railway Ser
vice, the port area is also expected to provide a major boost for the regional economy.
One of the most popular commodities heading west from Xinjiang is a tomato-based sauce, accord上海千花坊女神会所
ing to Zheng Weiguo, vice-manager of Urumqi International Land Port Multimodal Transport Co.
“Last year, about 50,000 metric tons of the tomato-based sauce were exported to Russia alone,” he said. Behi上海千花坊女神会所
nd him, heavy trucks loaded with multicolored containers were revving up to transfer goods onto an approaching freight train.
It can take as long as 50 days for the sauce to reach its farthest destination, Naples in Italy, by sea, setting off from Tianjin Port in North China.
“The express train services have cut the journey time to about 12 days, allowing Chinese agricultu
ral goods to overtake their global competitors,” said Liu Shaohua, deputy director of the port area.
“We have already received positive feedback from wholesale buyers overseas, who have praised the rail service for its speed and low rate of da
mage (to goods). In the future, we plan to further boost confidence in products made in Xinjiang, and expand avenues fo
r overseas sales through the real-time monitoring system and the sophisticated freight rail network.”