China is willing to conduct active dialogue with the United States based on the principles of mutual respect and promote the development of bilateral economic and trade relations, vice commerce minister Wang Shouwen said on Friday.
China is willing to conduct active dialogue with the United States based on the principles of mutual respect and promote the development of bilateral economic and trade relations, vice commerce minister Wang Shouwen said on Friday.
"We believe that China and the U.S. can maintain a stable, healthy, and sustainable development trend in economic and trade relations," Wang said at a press conference in Beijing.
China is also willing to "expand areas of cooperation and manage differences" with the U.S., Wang said.
Economists polled by Reuters believe the United States could impose nearly 40% tariffs on imports from China early next year, potentially slicing growth in the world's second-biggest economy by up to 1 percentage point.
Persons:
Wang Shouwen, Wang, Donald Trump
Organizations:
United, International Trade Representative, U.S, Reuters
Locations:
China, United States, U.S, Beijing, Southeast Asia