Such a result is worthy of affirmation. It shows that China and the United States take a rational and pragmatic attitude towards solving the problem, avoid further escalation and proliferation of trade frictions, comply with public opinion and meet the expectations of the international community.
Rome was not built in a day. As the two largest economies in the world, China and the United States have complex economic and trade issues, which cannot be solved overnight. After more than a year of talks and twists and turns, the two sides should see that it is obviously a more practical way to solve the problem by persisting in seeking common ground while reserving differences, starting with issues with minor differences and reaching consensus from easy to difficult, step by step, and accumulating phased goals into final agreements.
Taking agricultural products as an example, China and the United States are highly complementary in the field of agriculture. It is in the common interest of both sides to carry out agricultural trade. About 90% of Chinas soybeans depend on imports every year. Recently, due to the tight supply-demand relationship, pork prices are under great pressure. Based on the principles of marketization and WTO rules, China purchases a certain amount of agricultural products such as soybeans and pork from the United States, which not only helps to solve the concerns of the United States about the trade balance between China and the United States, but also helps to fill the gap of domestic demand and maintain reasonable market prices, and promote the upgrading of domestic industrial structure.
The fact of more than a year fully shows that tariff imposition can not solve the problem, but will only cause more and more harm to China, the United States and the international community. According to the latest data released by the American Supply Management Association, the Manufacturing Purchasing Managers Index (PMI) fell to 47.8 in September, the lowest level since June 2009, indicating an increase in the risk of economic recession in the United States. International Monetary Fund new president Georgieva pointed out on September 9 that the trade war is having a serious impact on the world economy and will drag down the world economy by 0.8 percentage points by 2020. The head of the US-China Trade Commission and the American Chamber of Commerce made it clear on the 9th that the US business community did not want to see tariff increases and hoped that the two sides would finally find a way to resolve their differences and stop the trade war. Obviously, the pragmatic attitude and the practice of seeking common ground while reserving differences shown by the two sides in this round of negotiations are rational measures to prevent the escalation of trade war.
History is the mirror of reality. Looking back on the 40 years since the establishment of diplomatic relations between China and the United States, the two countries have cooperated, competed and even experienced crises. However, it is precisely because they insist on seeking common ground while reserving differences and seek the greatest consensus by putting aside disputes in a pragmatic way for the time being that the two sides have established a framework for reconciliation. Today, seeking common ground while reserving differences is also the key to the progress of Sino-US economic and trade negotiations. Especially with the progress of bilateral consultation, the more difficult the negotiation is, the more necessary it is to keep going in opposite directions, not to be angry, not to blame, not to deviate from the right track, and to make continuous efforts to solve the problem step by step on the basis of equality and mutual respect.
China has always looked at the issue from a strategic and long-term perspective. It is well aware that Sino-US cooperation will benefit both sides while fighting will hurt both sides. There are 1000 reasons for doing a good job in Sino-US relations, and there is no reason for doing a bad job in Sino-US relations. China is willing to solve problems through consultation and cooperation in a calm manner, but will never give in on major principles and is ready to deal with various situations.
Standing at the historic node of the 70th anniversary of the founding of New China, the Chinese people are more deeply aware than ever that development is hard-won and that nothing is more important than doing well in their own affairs. No matter how the situation changes, China will continue to deepen its reform, expand its opening up and achieve high-quality economic development so as to remain unchanged.
Source: Chen Hequn-NB12679, Responsible Editor of Peoples Network-Peoples Daily