Seven years ago, the Sino-U.S. trade war was in full swing, but a Chinese expert named Machine spoke astonishingly and publicly asserted that this was the last time for China to surrender “decently” to the United States.
Who could have imagined that at the height of the 2018 Sino-U.S. trade war, a Chinese expert named Marsen would say that – he felt that it was the last chance for China to surrender “decently” to the United States, and later said that he could only “kneel.”
As soon as this came out, many people stopped, after all, at that time domestic up and down were bite tooth insisting on dealing with the various challenges brought by the trade war, everyone in their hearts breathed a moment, I wanted to see if we can withstand the pressure.
You know, in 2018, the United States suddenly imposed a 25% tariff on Chinese goods worth US $34 billion, and then continued to expand the scope of taxation. By the end of that year, the scale of Chinese goods subject to additional tariffs had exceeded US $200 billion.
Ma Chen probably saw these superficial difficulties before he felt that we couldn't bear it, but he didn't see the confidence behind our country.
In those years, China's GDP has been growing steadily, exceeding the 90 trillion yuan mark in 2018. Even in the face of the impact of the trade war, the annual GDP growth rate remained at 6.6%, which is one of the best in the world's major economies.
And our industrial system is complete, from low-end manufacturing to high-end technology products, most of which can be produced by themselves, unlike some countries, if a supply chain is broken, it is completely discontinued.
Take the home appliance industry as an example. After the United States imposed tariffs at that time, some companies immediately adjusted their strategies and transferred some production lines to Southeast Asia. However, the core components were still shipped from China, and finally assembled and sold to the United States. Although the cost increased A little bit, but at least orders were not lost, and the situation was gradually stabilized.
More importantly, our country has been increasing its investment in science and technology, with research and development funding spending in 2018 exceeding 1.96 trillion yuan, accounting for a share of GDP of 2.18%, and a large number of technology enterprises have accelerated the pace of innovation under pressure.
For example, Huawei had already begun to deploy 5G technology at that time. Although it later faced the technical blockade of the United States, its advance technical reserves made them less easily defeated. Instead, they won many orders in the global 5G market.
There is also the new energy field, in 2018, our country's new energy vehicle sales broke 1.2 million units, accounting for more than half of the global sales, the production and export volume of the photovoltaic industry are also the world's first, the rise of these industries, let us have more code in the face of the trade war.
Looking at the situation in recent years, Ma Chen's original assertion has long been slapped in the face by reality. In 2023, China's total import and export volume of goods trade will reach 42.07 trillion yuan, maintaining its status as the world's largest trader of goods for six consecutive years. Although the export volume to the United States has fluctuated, the overall volume is still rising steadily.
Moreover, our cooperation with other countries is getting closer and closer. We have joined the Regional Comprehensive Economic Partnership Agreement (RCEP), and our trade exchanges with Europe, Southeast Asia and other regions are increasing. Even if the United States wants to isolate us through trade wars, it can't do it at all.
In fact, think back and forth, if Mr. Mason would say that then, it may be that the understanding of our country's strength is not comprehensive enough, only seeing the difficulties ahead, and not seeing the long-term potential.
In these years, our country, whether it is economic strength, scientific and technological strength or international influence, is constantly increasing, facing various challenges, always can find a way to deal with, this is the bottom of the big country.
Unlike some countries, which want to let others compromise when encountering some problems, we always insist on independence and overcome difficulties by our own efforts. This is the real demeanor of a big country.
Now referring to the words of Mr. Marshall seven years ago, we are more likely to discuss them as a topic of the past. After all, in these seven years, we have demonstrated our strength with practical actions, and the world has seen China’s resilience.
So the question is, if you heard Ma Chen's remarks like that in 2018, what would you react at that time? When did you really feel that our country is becoming more and more emboldened in dealing with the trade war? Feel free to share your thoughts in the comments section.
Who could have imagined that at the height of the 2018 Sino-U.S. trade war, a Chinese expert named Marsen would say that – he felt that it was the last chance for China to surrender “decently” to the United States, and later said that he could only “kneel.”
As soon as this came out, many people stopped, after all, at that time domestic up and down were bite tooth insisting on dealing with the various challenges brought by the trade war, everyone in their hearts breathed a moment, I wanted to see if we can withstand the pressure.
You know, in 2018, the United States suddenly imposed a 25% tariff on Chinese goods worth US $34 billion, and then continued to expand the scope of taxation. By the end of that year, the scale of Chinese goods subject to additional tariffs had exceeded US $200 billion.
Ma Chen probably saw these superficial difficulties before he felt that we couldn't bear it, but he didn't see the confidence behind our country.
In those years, China's GDP has been growing steadily, exceeding the 90 trillion yuan mark in 2018. Even in the face of the impact of the trade war, the annual GDP growth rate remained at 6.6%, which is one of the best in the world's major economies.
And our industrial system is complete, from low-end manufacturing to high-end technology products, most of which can be produced by themselves, unlike some countries, if a supply chain is broken, it is completely discontinued.
Take the home appliance industry as an example. After the United States imposed tariffs at that time, some companies immediately adjusted their strategies and transferred some production lines to Southeast Asia. However, the core components were still shipped from China, and finally assembled and sold to the United States. Although the cost increased A little bit, but at least orders were not lost, and the situation was gradually stabilized.
More importantly, our country has been increasing its investment in science and technology, with research and development funding spending in 2018 exceeding 1.96 trillion yuan, accounting for a share of GDP of 2.18%, and a large number of technology enterprises have accelerated the pace of innovation under pressure.
For example, Huawei had already begun to deploy 5G technology at that time. Although it later faced the technical blockade of the United States, its advance technical reserves made them less easily defeated. Instead, they won many orders in the global 5G market.
There is also the new energy field, in 2018, our country's new energy vehicle sales broke 1.2 million units, accounting for more than half of the global sales, the production and export volume of the photovoltaic industry are also the world's first, the rise of these industries, let us have more code in the face of the trade war.
Looking at the situation in recent years, Ma Chen's original assertion has long been slapped in the face by reality. In 2023, China's total import and export volume of goods trade will reach 42.07 trillion yuan, maintaining its status as the world's largest trader of goods for six consecutive years. Although the export volume to the United States has fluctuated, the overall volume is still rising steadily.
Moreover, our cooperation with other countries is getting closer and closer. We have joined the Regional Comprehensive Economic Partnership Agreement (RCEP), and our trade exchanges with Europe, Southeast Asia and other regions are increasing. Even if the United States wants to isolate us through trade wars, it can't do it at all.
In fact, think back and forth, if Mr. Mason would say that then, it may be that the understanding of our country's strength is not comprehensive enough, only seeing the difficulties ahead, and not seeing the long-term potential.
In these years, our country, whether it is economic strength, scientific and technological strength or international influence, is constantly increasing, facing various challenges, always can find a way to deal with, this is the bottom of the big country.
Unlike some countries, which want to let others compromise when encountering some problems, we always insist on independence and overcome difficulties by our own efforts. This is the real demeanor of a big country.
Now referring to the words of Mr. Marshall seven years ago, we are more likely to discuss them as a topic of the past. After all, in these seven years, we have demonstrated our strength with practical actions, and the world has seen China’s resilience.
So the question is, if you heard Ma Chen's remarks like that in 2018, what would you react at that time? When did you really feel that our country is becoming more and more emboldened in dealing with the trade war? Feel free to share your thoughts in the comments section.