Department of Commerce: China made no promises to add a few details to US trade surplus

Chinese Ministry of Commerce spokesman peak of 24 in Beijing, said the expansion of US exports to China are effective measures to promote bilateral trade balance。But in the last week of Sino-US economic and trade negotiations, the Chinese did not make a commitment on the reduction of specific numbers of US trade surplus。He said the trade market behavior, should follow market rules。  Ministry of Commerce held a regular press conference (May 24, 2018) [peak]: Peak: Members reporter friends, Hello everybody morning are welcome to attend the Ministry of Commerce regular press conference。Today I have a message that needs to first take the initiative to inform you that the situation is on the promotion of agro-business Internet work。  Today, the Ministry of Commerce issued the "Notice on Promoting agro-business Internet help rural revitalization" to further strengthen agricultural production and marketing docking, promoting agro-business Internet work, poverty alleviation and rural revitalization precise power。  "Notice" proposed six key tasks: First, to build long-term stable production and marketing convergence mechanism, the second is the development of new agricultural business entities, third is to cultivate agricultural products to build brands, fourth is to build the whole industry chain standards system, Fifth, supporting the poor areas of agricultural products production and marketing docking, Sixth, strengthen infrastructure construction circulation of agricultural products。  We hope that through efforts to promote agricultural products distribution companies and new agricultural business entities to conduct a comprehensive, in-depth, accurate docking, contract farming, integrated production and marketing, equity cooperation mode, to achieve joint products, joint facilities, joint standards, linking data, linking market to build on the joint production, the second line of consumer interests closely linked, production and marketing of convergence close, long-term stability of the new agro-business relations and promoting the industrialization of agriculture modernization, and promote the integration of urban and rural development, increase rural incomes channels, to promote the upgrading of consumption of agricultural products。  Next, we will give priority to support the implementation of agro-business Internet in poor counties, the organization of large-scale national excellent agricultural wholesalers, supermarket chains, commercial enterprises and other poverty-stricken areas in depth, the market play its advantages in resources, and establish a stable production areas and farmers production and marketing relations, education industry, a brand, promote sales, to play an active role in the revitalization of rural poverty alleviation and precision。  For details on, you can check on the website of the Ministry of Commerce and the "micro business news" micro-channel public number。  These are the information I need to take the initiative to inform you, here, I am willing to answer questions raised by reporters friends。  [Economic Daily Reporter: We know that China recently signed a Closer Economic Partnership Agreement with the Eurasian Economic Union, could you please detail the specific content?  [Peak]: As you said, May 17, during the Astana Economic Forum, China and the representatives of the Eurasian Economic Commission and the Member States of the Eurasian Economic Union signed the "Chinese economy and the Eurasian Economic Union 13 chapters cooperation agreement ", covering customs cooperation and trade facilitation, technical barriers to trade, trade remedies and sectoral cooperation, marking China and the Eurasian economic Union and its member states promote economic and trade cooperation has entered a new phase of the project led system, China opened a new chapter in economic and trade cooperation with the Eurasian region。  "Agreement" has three main characteristics: First, to strengthen the policies and rules of the docking system has laid a solid foundation for the two sides to enhance economic and trade cooperation; and second, the two sides reached a consensus in customs, quality inspection, technical standards and other areas, will greatly enhance level of trade facilitation in the region, to improve the transparency and predictability of trade; Third, the agreement includes intellectual property, new issues of government procurement, e-commerce, both sides opened up a broader economic and trade cooperation and space。  Eurasian Economic Union and its Member States are important partners "along the way" of building。The agreement is an important early harvest "along the way" alliance building and docking, landmark, will provide institutional safeguards economic and trade cooperation, push forward economic globalization and regional economic integration。  We will put the agreement to maximize the conversion of the Eurasian Economic Union and its Member States to work together to tangible outcomes and improve the level of bilateral economic and trade cooperation, laying the foundation for the future establishment of a free trade zone。Thank you。  Four sets of CCTV [China News Reporter: Sino-US trade friction last week held consultations in Washington, how do you evaluate the results of the consultation?US Secretary of Commerce in the future Beijing next week, next week you have any expectations for the outcome of the consultations?  [Peak]: As we all know, the Liu He, deputy prime minister as a special envoy of President Xi Jinping, the rate of the Chinese delegation was invited to the United States, and the United States were positive, pragmatic and constructive consultations and outcomes。  The maximum outcome of the consultations, the two sides agreed that to properly solve the current Sino-US trade disputes through dialogue and cooperation, not to fight a trade war。This gives the market sent a positive, strong signal, stabilize market expectations, at the same time demonstrate to the international community, China-US economic and trade relations can be achieved through mutually beneficial continue to strengthen cooperation。  The outcome of the Sino-US economic and trade consultation and consensus achieved, in line with the common interests of both China and the US。China and the US economies are highly complementary, great potential for economic and trade cooperation。The two sides agreed to work together through the cake bigger trade cooperation, especially in light of the needs of the Chinese market, and actively expand US exports to China, it is effective to promote balanced development of bilateral trade right choice。China's own economic development will be based on need and consumption upgrading, and actively promote enterprises in accordance with market principles to increase from US imports of goods and services。  The next consultations on Sino-US trade you mentioned, China welcomes the United States recently sent a high-level delegation to China, hoping the two sides to work together, according to the consensus reached by the Washington negotiations, actively implement the joint statement of the content, to promote bilateral economic and trade cooperation to achieve positive and pragmatic results。Thank you。  [China News Agency reporter]: the issue of Sino-US economic and trade consultation。We note that the recent foreign media reports fact, for the outcome of the consultations, the two sides understand there is a deviation, the US trade war rather than just shelved completely stop, I ask the Ministry of Commerce have any comment。In addition to China if the United States made a commitment to cut the number of specific trade surplus?Thank you [peak]: The Sino-US trade negotiations, it is important that both sides agreed that a consensus should not make the current Sino-US trade disputes from escalating, not to fight a trade war, should be through dialogue and cooperation, properly resolve bilateral economic and trade fields appear problem。This release positive signals to the two peoples and the international community, is conducive to the stable development of world economy。  Consultations, the two sides on bilateral economic and trade differences exist frank exchange of views, it has the potential to expand cooperation in the field of in-depth discussion is willing to further strengthen cooperation in the agricultural, energy, healthcare, high-tech products, finance and other fields。  [China International Television reporter]: My question is about the Sino-US trade negotiations last week。It said in a joint statement the two sides will increase US exports to China of goods and services, with particular reference to the agricultural and energy, there were reports that this will involve soybeans, beef and shale oil, etc., I would like to ask about China's increase in US exports of goods and services, there is no specific list of goods?This work will be completed when there is no time schedule?For example, if the first half of this year to complete, thank you。  [Peak]: in the field of Sino-US economic and trade negotiations, the two sides have the potential for cooperation on bilateral economic and trade aspects of the sort, including some specific merchandise trade was also discussed。I want to emphasize is that the two sides agreed that trade should be the market behavior of enterprises, should respect the rules of market economy。  China is actively expanding imports of long-standing policy, we need to meet the growing need for a better life, and promote the development of high-quality national economy。China welcomes the world with quality, competitive goods and services, including the United States to enter the Chinese market, and we are willing to participate in the Chinese market competition to provide fair and transparent business environment。Thank you。  [China Central Radio and Television CNR Reporter: We note that the Sino-US joint statement mentioned the need to encourage two-way investment, and strive to create a fair competitive business environment, but we also note that there is news that the US Department of Defense is through Congress put pressure on plans to pass a bill to limit Chinese investment。We note that this statement reached with China in charge of the US Treasury Mu Nuqin not a hawk, but other hawks in the United States are gathering next session measures, may I ask the Ministry of Commerce noticed this trend?The face of Chinese enterprises "going out" and the grim situation facing other challenges, the Ministry of Commerce to ask what measures will be taken to deal with?  [Peak]: Thank you for your question。We have noticed relevant reports, China will continue to monitor developments。In high-level Sino-US trade negotiations last week just ended, the two sides on the development of Sino-US economic relations and actively building reached consensus in many aspects, including encouraging two-way investment, will strive to create a fair competitive business environment。We hope the US and China to develop trade and investment cooperation between the two countries enterprises to create a stable and predictable business environment, provide the necessary convenience。Thank you。  [Shanghai Securities News reporter]: this consultation will put forward "Patent Law" to modify, ask what specific adjustments?When will launch?Thank you。  [Peak]: China has always attached great importance to IPR protection, which is a necessary requirement to achieve high-quality development of Chinese economy。At present, China has established a relatively complete IPR legal and judicial system。President Xi Jinping at the Boao Forum for Asia this year should be made to strengthen intellectual property protection, in particular, to significantly increase the cost of illegal。This is our own development needs。China is willing to further strengthen the protection of all types of enterprises, including foreign-funded enterprises, including intellectual property rights in all aspects of intellectual property protection legislation, judicial and promote economic innovation and development。  Currently, relevant departments are actively pushing to change the law relating to intellectual property including the "Patent Law", including。The draft revised "Patent Law" has been public comment on society, and was included in the State Department and the National People's Congress legislative year's work plan。Thank you。  [Xinhua News Agency Reporter: We note that Local 23 President of the United States Trump issued a statement, saying that only the Secretary of Commerce will consider on imported cars, truck parts start of "232" national security investigation, how does China comment on this?Thank you。  [Peak]: We have noticed relevant reports of statements and media of the United States。China opposes the abuse of "national security" clause, which would seriously undermine the multilateral trading system, disrupt the normal order of international trade。We will closely monitor the progress of the US investigation of the possible impact on the overall assessment, resolutely defend their legal rights。Thank you。  Central Radio and Television [CCTV Financial Channel reporter]: My question is about the Prime Minister Angela Merkel's visit to China, I ask whether there is the German business delegation counterparts, the Sino-German summit meeting which will be in the field of economy and trade to focus cooperation on exchange?  [Peak]: The Prime Minister Angela Merkel's visit to China, the first visit after her re-election。We understand that there are nearly 20 heavyweight of German entrepreneurs follow-up, these enterprises together with annual sales reached 550 billion euros, fully reflects the German side attaches great importance to the development of trade and economic cooperation。Today, China and Germany will jointly organize a forum between the two premiers and members of the German Council of Economic Advisers, solicit the views and aspirations for mutual investments between enterprises to create a better business environment for the two countries to build a more enterprise deepen mutually beneficial cooperation a good platform。  The Chancellor Angela Merkel's visit coincides with the 40th anniversary of China's reform and opening。She will lead a delegation to visit Chinese economic reform and opening up the frontier in Shenzhen, which reflects the German side to support and participate in China's reform and opening a new round of positive attitude。We believe that, under the impetus of the leaders of the two countries, China and Germany to strengthen in the emerging field of digital technology, new energy vehicles, artificial intelligence, such as unmanned potential for mutually beneficial cooperation will continue to be released, a broad space for cooperation。Thank you。  [21st Century Business Herald reporter: In the current context of the multilateral trading system to shocks, the Merkel's visit to China, Sino-German whether it will send a signal to maintain free trade union?Thank you。  [Peak]: All along, China and Germany although different stage of development, belong to developed and developing countries, but we are advocating free trade and oppose protectionism and maintain the multilateral trading system。We are willing to make joint efforts with the German side, send a positive signal to the world that the maintenance of free trade, open and jointly promote world economic development, and jointly promote world economic growth and a stable opening win。Thank you。  Because of the time to mention one last question。  [China Daily Reporter: China and South Korea signed a free trade agreement has been more than three years, could you please introduce spokesman latest developments and the positive results achieved in three years?Japan and South Korea FTA at what time you expect to be signed, there are no obstacles in terms of signing?  [Peak]: China-ROK FTA on December 20, 2015 came into effect。More than two years since the implementation of the agreement, the two sides have achieved four tariff reductions, the two sides of zero-tariff products already covered 50% of the volume of bilateral trade。Driven by the agreements, China and South Korea in mid-2017, bilateral trade volume reached 2802.$ 600 million, an increase of 10.9%。China-ROK FTA to reduce tariffs between the two countries in the field of household chemical goods, garments, household appliances, agricultural and marine products, etc., it has brought tangible benefits to both businesses and people。  In March this year, China and the ROK held in Seoul, South Korea its second China-ROK FTA Joint Commission, the two sides made positive comments on role in promoting free trade agreements on trade and investment between the two countries played, and to promote the Free Trade Agreement cooperation in the field of trade in goods, customs Quality, economic and reached a lot of consensus。Over the same period, China and the ROK also held a first round of consultations on the second phase of China-ROK FTA, we will adopt the negative list of ways to enhance the level of bilateral liberalization of trade in services and investment。The two sides pledged to complete the second phase of the negotiations as soon as possible, inject greater vitality into bilateral economic and trade cooperation。  The issue of the Japan-ROK FTA You mentioned。In the seventh trilateral meeting was just held on, the three leaders issued a "Joint Declaration", reaffirming Japan and South Korea will further accelerate the negotiations of the Free Trade Area。We hope that with Japan and South Korea to work together, and strive to achieve a comprehensive, high-level, mutually beneficial, and has a value of their own free trade agreement as soon as possible。Thank you。  Today's conference is now over, thank you。  [Reports] According to Commerce Ministry sources, the US Secretary of Commerce, Mr. Ross will soon visit China。The two sides will consult with the consensus reached in Washington, earnestly implement the joint statement of the specific content involved, including the procurement of agricultural products, energy products, including。(Source: Xinhua) media Q: US officials recently told the media that China will significantly increase procurement of agricultural products from the United States, and other energy products。what opinions do the Chinese have on this issue?  Ministry of Commerce spokesman, said: meet the Chinese people from growing consumer demand and promote high-quality economic growth starting to expand imports, which is China's long-standing policy。China and the US economies are highly complementary and have great potential for Sino-US trade, China welcomes high quality, competitive American products to enter the Chinese market。US Secretary of Commerce, Mr. Ross will soon visit China。The two sides will consult with the consensus reached in Washington, earnestly implement the joint statement of the specific content involved, including the procurement of agricultural products, energy products, including。(Source: Ministry of Commerce Website) Tuesday, Trump at the White House that the US government has not yet reached any agreement with the Chinese government on matters ZTE。  He said that the implementation of the ban on ZTE will also harm the interests of US companies。He envisions may be asked to pay a fine resurgence of up to $ 1.3 billion and new management, the establishment of a new board of directors, and to take "very, very strict safety regulations."。Trump also expected future purchases from the United States a large proportion of ZTE parts and equipment。  Trump pointed out that China and the US in Washington last week for talks was not satisfied, saying it is the first step to reach a final agreement with the Chinese government, we hope the next trade negotiations quickly。(Source: CCTV News) (Original title: Department of Commerce: China does not commit to a specific reduction in the number of trade surplus with the United States) (Editor: DF010)