CCTV News (News Network): The State Council Information Office issued the white paper "China's Position on Several Issues Concerning Sino-US Economic and Trade Relations" on April 9.

The white paper profoundly explains the mutually beneficial and win-win nature of China-US economic and trade relations, systematically expounds China's firm attitude of practicing the concept of free trade and strictly abide by the rules of the World Trade Organization, and calls on the US to resolve differences through equal dialogue and mutually beneficial cooperation, and promote the healthy and stable development of China-US economic and trade relations.

The white paper points out that since the establishment of diplomatic relations between China and the United States, bilateral trade and investment cooperation has achieved fruitful results, achieving complementary advantages and mutual benefit and win-win results. China and the United States have broad common interests and broad space for cooperation. Maintaining the stable development of China-US economic and trade relations is in line with the fundamental interests of the two countries and the people of both countries, and is also conducive to global economic development.

The white paper points out that since joining the World Trade Organization in 2001, China has actively practiced the concept of free trade, fully fulfilled its commitment to joining, abide by and implement the rules of the World Trade Organization, significantly opened up the market, and made positive contributions to maintaining the effectiveness and authority of the multilateral trading system. At the same time, China has also conscientiously implemented bilateral economic and trade agreements including the first phase of the Sino-US economic and trade agreement.

The white paper points out that 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. The relevant US practices have artificially cut off the original mature global supply chain industry chain, and the market-oriented free trade rules have been broken. The economic development of various countries has been seriously disrupted, harming the welfare of people of all countries, including the United States.

The white paper points out that if China and the United States work together, both will benefit, and if both fight, both will suffer. 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 each other's concerns through equal dialogue and consultation, and jointly promote the healthy, stable and sustainable development of China-US economic and trade relations.