China’s significant reduction of tariffs with the United States is poised to enhance trade growth between the two nations and aid in global economic recovery, according to Fu Linghui, spokesperson for the National Bureau of Statistics (NBS). Speaking at a press conference on Monday, Fu highlighted the positive impacts of the tariff reductions.
He acknowledged the complex international landscape, noting, “The rise in unilateralism and protectionism poses serious challenges to the international economic and trade order and constrains global economic growth.”
Despite these challenges, Fu expressed optimism about the future of global cooperation. “The trend of international cooperation for win-win outcomes will not change,” he stated, emphasizing China’s unwavering commitment to opening up and engaging with global partners.
Fu also pointed out that China is actively diversifying its foreign trade. “Policies aimed at promoting foreign trade development are yielding continuous results, which will continue to support the steady growth of foreign trade,” he added.
The remarks come at a critical time when the global economy faces uncertainties, but China’s efforts signal a positive direction for international trade relations.
