China has urged US financing firms to maintain the stability of global industrial, supply chains

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China files a complaint with WTO in response to a unilateral move, to impose revenue on US goods
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Beijing: China has called on US financing businesses to take practical steps to jointly maintain the stability of the global industrial and supply chains and promote victory cooperation.

The Chinese Deputy Minister of Commercial Generation G, who is also the Deputy International Trade Representative of China, gave these remarks hosted a round table meeting for US financing businesses in Beijing.

Emphasizing that multilaterality is an indispensable choice for solving the problems and challenges facing the world, sex reiterates that China’s door will only open the broader and that its policy of utilizing its foreign investment has not changed and will not change.

People said that the Minister of Commerce will continue to provide guarantees for foreign investment businesses in China, including US businesses, the protection of their legitimate rights and interests according to the law, and promoting their problems and demands.

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He said the recent US decision to impose taxes on its trade partners, including China, has seriously damaged the multilateral trade system, and violated the legitimate rights and interests of all countries. He added, “The Chinese government has strongly condemned and strongly condemned the US move, and has taken determined steps to counter it.”

The purpose of China’s response is not only to protect the legitimate rights and interests of the US financing companies, but also urge the United States to return to the right path to the multilateral trade system, Geeh said.

Representatives of more than 20 US financing companies, including Tesla, GE Healthcare and Medteronic, attended the meeting.

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