Ambassador to the United States: trade is mutually beneficial trade war can only destroy trade.

category:Society
 Ambassador to the United States: trade is mutually beneficial trade war can only destroy trade.


Cui Tiankai made the statement at the Chicago Summit on Sino American industrial cooperation, which made a speech on the theme of bridging the gap at the summit. Cui Tiankai said that many countries are facing a huge economic and social gap. He said that in the past few decades, technological progress has greatly increased productivity and created enormous wealth worldwide. By reason, everyone should benefit from it. But the fact is that even in some developed countries, the gap between the rich and the poor is widening. On the one hand, wealth and power are increasingly concentrated in the hands of a few. On the other hand, many people have been marginalized not only economically, but also in the social and cultural fields. I think this is not only because society is unable to adapt to the rapid development of science and technology, but more importantly, the policymakers ignore and do not want to take action to equitably distribute new wealth. Obviously, this is not a foreign trade issue. This is a matter of domestic governance. Speaking of coping with the international divide, Cui Tiankai said that the gap between developed and developing countries is still evident. Nevertheless, some developed countries have begun to worry that developing countries are developing too fast and too competitive. Under such circumstances, we see that protectionism and economic nationalism in developed countries are increasingly apparent. I think this trend should arouse the vigilance of all of us. Cui Tiankai said that as more and more countries develop, competition will become increasingly fierce. But competition is a good thing. What makes us more competitive is in competition rather than protectionism. In todays world, competitors can often become partners. Therefore, we should treat competition with a more open attitude, take a positive view of competition, welcome and encourage more competition. Cui Tiankai said that a key factor in competition is equity. We must ensure that competition is fair and provide a level playing field. At the same time, the level of economic development of different countries is quite different. In this context, absolute equivalence is not fair, but a great injustice. Cui Tiankai also said that the gap between new realities and outdated policies in twenty-first Century must be handled well. Today, he said, we live in a highly globalized world. The opportunities and challenges facing us are global. No country can deal with it alone. No country can achieve prosperity in isolation. But now we see the policy of trying to close the door and resort to unilateralism. When talking about the possible outbreak of trade war between China and the United States, Cui Tiankai stressed that trade is mutually profitable, war is mutually destructive, and trade war can only destroy trade. The trade war policy is seriously divorced from the realities of twenty-first Century. They have not solved yesterdays problems, nor are they able to solve todays and tomorrows problems. In my view, the business community should make wise suggestions to policy makers to promote positive policies. Cui Tiankai finally said that the best way to bridge the gap is intercommunication, that is, policy communication, facilities Unicom, trade unimpeded, financing and public heart. He said, Belt and Road Initiative initiative is an excellent example, and put forward its design is to enhance the connection between the countries in the world, so that everyone can share the development opportunities, in order to bridge the gap. I hope the two countries can participate more actively in the business sector The Belt and Road initiative. Source: China News Net editor: Zhao Yaping _NN9005 When talking about the possible outbreak of trade war between China and the United States, Cui Tiankai stressed that trade is mutually profitable, war is mutually destructive, and trade war can only destroy trade. The trade war policy is seriously divorced from the realities of twenty-first Century. They have not solved yesterdays problems, nor are they able to solve todays and tomorrows problems. In my view, the business community should make wise suggestions to policy makers to promote positive policies. Cui Tiankai finally said that the best way to bridge the gap is intercommunication, that is, policy communication, facilities Unicom, trade unimpeded, financing and public heart. He said, Belt and Road Initiative initiative is an excellent example, and put forward its design is to enhance the connection between the countries in the world, so that everyone can share the development opportunities, in order to bridge the gap. I hope the two countries can participate more actively in the business sector The Belt and Road initiative.