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China releases white paper on China-US economic, trade relations

2025-04-10 10:25   Xinhua

A drone photo taken on April 8, 2025 shows a view of a container terminal of Tianjin Port in North China's Tianjin. [Photo/Xinhua]

  BEIJING -- China's State Council Information Office on Wednesday released a white paper titled “China's Position on Some Issues Concerning China-US Economic and Trade Relations.“

  The Chinese government issued the document to clarify the facts about China-US economic and trade relations, and elaborate the position of the Chinese side on relevant issues, according to the white paper.

  The white paper came as rising unilateralism and protectionism in the United States have significantly impeded normal economic and trade cooperation between the two countries.

  Since the beginning of trade friction in 2018, the US side has imposed tariffs on Chinese exports worth more than $500 billion, and has continuously implemented policies aimed at containing and suppressing China. Recently, the United States levied comprehensive additional tariffs on Chinese products, including tariffs citing the fentanyl issue as the pretext, “reciprocal tariffs,“ and an additional 50 percent on existing tariffs.

  These measures -- revealing the isolationist and coercive nature of US conduct -- run counter to the principles of the market economy and multilateralism, and will have serious repercussions for China-US economic and trade relations, the white paper said.

  In response to the US moves, China has taken forceful countermeasures to defend its national interests, and has remained committed to resolving disputes through dialogue and consultation, with multiple rounds of consultations with the US side to stabilize bilateral economic and trade relations, according to the document.

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