Xinhua News Agency, Beijing, April 9 (Reporters Xie Xiyao and Wang Yuxiao) The State Council Information Office issued a white paper on "China's Position on Several Issues Concerning China-US Economic and Trade Relations" on the 9th to clarify the facts of China-US economic and trade relations and clarify China's policy stance on related issues.

The white paper is divided into six parts in addition to the preface and conclusion, namely, the essence of Sino-US economic and trade relations is mutual benefit and win-win results; China conscientiously fulfills the first phase of the Sino-US economic and trade agreement; the US violates the relevant obligations of the Sino-US economic and trade agreement; China practices the concept of free trade and conscientiously abides by the rules of the World Trade Organization; unilateralism and protectionism harm the development of bilateral economic and trade relations; China and the United States can resolve economic and trade differences through equal dialogue and mutually beneficial cooperation.

The white paper introduces that in the 46 years since the establishment of diplomatic relations between China and the United States, bilateral economic and trade relations have continued to develop. China-US trade volume jumped from less than US$2.5 billion in 1979 to nearly US$688.3 billion in 2024. However, in recent years, the rise of unilateralism and protectionism in the United States has seriously interfered with the normal economic and trade cooperation between China and the United States. Since the Sino-US economic and trade frictions in 2018, the US has imposed high tariffs on more than US$500 billion of Chinese products imported to the US and continues to introduce policies to curb and suppress China. China has to take strong response measures and resolutely defend national interests. At the same time, China has always adhered to the basic position of resolving disputes through dialogue and consultation, carried out multiple rounds of economic and trade consultations with the United States, and strived to stabilize bilateral economic and trade relations.

The white paper pointed out that the US side has recently released the "US First" trade and investment policy memorandum and the "US First" trade policy report, levied additional tariffs on Chinese products, including imposing tariffs on China on the grounds of fentanyl and other issues, and further imposing 50% tariffs. It also proposed 301 investigation restrictions on China's maritime, logistics and shipbuilding industries, including charging port fees. These restrictive measures threatened and threatened by tariffs and other factors are wrong and wrong, which once again exposes the typical unilateralism and bullying nature of the United States. They not only violate the laws of the market economy, but also run against multilateralism, and will have a serious impact on China-US economic and trade relations. China has taken necessary countermeasures in accordance with the basic principles of international law and laws and regulations.

The white paper stated that China has always believed that the essence of China-US economic and trade relations is mutual benefit and win-win results. As two major countries with different development stages and different economic systems, it is normal for China and the United States to experience differences and frictions in economic and trade cooperation. The key is to respect each other's core interests and major concerns, and find a proper solution to the problem through dialogue and consultation. There is no winner in the trade war, and there is no way out for protectionism. China and the United States have achieved success, which is an opportunity rather than a threat to each other. We hope that the US and China will move towards each other, follow the direction pointed out by the call between the two heads of state, and follow the principles of mutual respect, peaceful coexistence, and win-win cooperation, and resolve their respective concerns through equal dialogue and consultation, and jointly promote the healthy, stable and sustainable development of China-US economic and trade relations.