From October 25th to 26th, local time, China and the United States held a new round of economic and trade consultations in Kuala Lumpur, Malaysia. Guided by the important consensus reached by the two heads of state in previous phone calls this year, the two sides conducted frank, in-depth and constructive exchanges and consultations on a series of important economic and trade issues, and reached basic consensus on arrangements to solve their respective concerns. This hard-won achievement also shows once again that it is normal for China and the United States to have differences on economic and trade issues. However, as long as they sit down and talk and uphold equal consultation and constructive positions, they can properly handle their differences and find the right way to get along.
China-U.S. this round of economic and trade consultation topics are broad, involving the U.S.-China maritime logistics and shipbuilding industry 301 measures, the extension of the mutual tariff suspension period, Fentanyl tariffs and law enforcement cooperation, agricultural products trade, export control, etc., are all important economic and trade issues of common concern, also affecting the stability of the global supply chain. The two sides agreed to further determine the specifics, and implement their respective domestic approval procedures. In these issues, China-U.S. have their respective long-term interest concerns, but neither side has been the problem blinded, but the solution of the problem oriented, adhere to the role of the economic and trade consultation mechanism, continue to conduct equal dialogue consultations, to create conditions
Since this year, President Xi Jinping and President Trump have talked many times to determine the baseline and direction for the improvement and development of Sino-U.S. relations. It is under the guidance of the two heads of state's important consensus that the two economic and trade teams have held five rounds of consultations and reached a positive consensus. This fully demonstrates that ensuring that the two giant ships of the Sino-U.S. are jointly moving forward, do not deviate, do not lose speed, must adhere to the strategic leadership of the two heads of state, adhere to the implementation of the two heads of state's important consensus without deduction, adhere to the principle of mutual respect, peaceful coexistence and win-win cooperation.
The essence of China-US economic and trade relations is mutually beneficial and win-win, the two sides have a positive signal from the venue, which brings valuable warmth to the global market. China, as a responsible great country, has demonstrated the strength and wisdom of the great country, has been advocating that China and the United States should show a large pattern, great responsibility, has been opposed to "breaking the chain", jointly safeguarding the global supply chain security and stability. The United States has also repeatedly stated that "the United States has no intention of breaking up with China" "US-China economic and trade relations are the most influential bilateral relations in the world". Since there is this consensus, the two sides should move towards each other, cherish each consultation results, constantly accumulate trust,
On the road to modernization, China's insistence on expanding high-level opening up will provide more opportunities for countries around the world, including the United States. The just-concluded Fourth Plenary Session of the 20th Central Committee of the Communist Party of China reviewed and approved the "15th Five-Year Plan" planning proposals, outlining a blueprint for China's development in the next five years. From a long-term perspective, China's socialist modernization is a historical process of step-by-step and continuous development and progress. By persisting in making progress while maintaining stability, China will be able to meet any external challenges with the certainty of its own development. The plenary session put forward that "we should steadily expand institutional opening up, safeguard the multilateral trading system, expand the international circulation, promote reform and development through opening up, and share opportunities and common development with other countries in the world". The international community generally believes that at a time full of uncertainty, China has shown strategic foresight and strong stability by formulating and implementing medium-and long-term plans, injecting valuable certainty into global development.
The results of the consultation are not easy, and need to be jointlyined by both sides.China and the United States have the ability and wisdom to find a way to co-exist and prosper.When dialogue replaces confrontation, when cooperation transcends differences, China and the United States can find ways to properly solve each other's concerns, promote the healthy, stable and sustainable development of China-US economic and trade relations, and bring more well-being to the people of the two countries and the peoples of the world.