CHINAMacroReporter

PRC Foreign Ministry Response to the USTR's 'National Trade Estimate Report'

‘The accusations and slanders made by the US against China's industrial policies are groundless.’
by

Hua Chunying | Foreign Ministry spokeswoman

|

Ministry of Foreign Affairs, PRC

April 1, 2021
PRC Foreign Ministry Response to the USTR's 'National Trade Estimate Report'
BIG IDEA | ‘The accusations and slanders made by the US against China's industrial policies are groundless.’

Bloomberg: ‘The Biden administration raised concerns about some of the policy tools that China is using to spur its economy, saying that they crowd out international companies and skew markets. I'd like to ask about the foreign ministry's view on the comments from the Biden administration.’

Hua Chunying: ‘Your first question was about what the Office of the U.S. Trade Representative said about China in its National Trade Estimate Report, right?’

Journalist: ‘Yes.’

‘The accusations and slanders made by the US against China's industrial policies are groundless.’

  • ‘The Made-in-China 2025 strategy follows the basic principle of the market playing the leading role and government providing guidance.’

‘Our goals and measures are open and transparent.’

  • ‘Relevant policies and measures are applicable to all companies operating in China, with foreign and domestic companies treated as equals.’

‘It is the Buy American Act adopted by the US that reeks of protectionism.’

  • ‘China is committed to providing an open, fair, just and non-discriminatory business environment for companies from other countries to invest and operate in China.’
  • ‘We hope the US will do the same.’

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