Department of Commerce: The United States cancels tariffs on China and Canada is in line with the fu

Author:First financial Time:2022.06.08

On May 19, the Ministry of Commerce held a routine press conference. The following is the summary of the main points of the conference:

The United States cancels the fundamental interests of US consumers and enterprises in China

[

123] U.S. Treasury Minister Yellen said on Wednesday local time that she advocated cancellation of some punishment tariffs on China. Some tariffs imposed on China in Trump were harming the interests of American consumers and enterprises. significance\".

In this regard, the spokesman of the Ministry of Commerce Shu Jioting said: \"We have stated many times that in the current high inflation situation, the United States cancels the fundamental interests of US consumers and enterprises in China. It is conducive to the United States, conducive to China, and the world. \"

spokesman of the Ministry of Commerce Shu Jioting

Local time on the 18th, the National Retail Federation It is also called on the Bayeng government to reduce or cancel tariffs on China to cope with high inflation. The association said the cancellation of the tariff policy during the Trump period can reduce the price by 1.3%. Affected by tariffs, American importers have been forced to pay more than $ 136.5 billion in tariffs. This part of the cost is eventually transferred to the consumption end and passed on to consumers.

Foreign-funded enterprises are optimistic about the long-term prospects of development in China

According to data from the Ministry of Commerce, from January to April 2022, the national absorption of foreign capital was 478.61 billion yuan, an increase of 20.5%year-on-year.

Shu Jingsing said that due to multiple factors, my country faces many challenges to use foreign investment, but the favorable factors that attract foreign capital have not changed. The Ministry of Commerce will thoroughly implement the decision -making and deployment of the Party Central Committee and the State Council, and work with various localities and relevant departments to continue to do their best to stabilize various foreign capital work, and provide a better environment and better service for foreign companies to develop in China.

Speaking of the reasons for China's use of stable growth of foreign investment this year, Shu Jingsing said that one is that the gravity of the Chinese market has not diminished. All regions and departments have overall planning to promote the prevention and control of the epidemic and economic and social development. The economy is stable and good, and the fundamental fundamentals have not changed for a long time. The domestic market has a large scale. Foreign -funded enterprises are optimistic about the long -term prospects of China.

\"Second, the opening of the open policy is effective. The new version of the foreign investment admission negative list further liberalized the restrictions of foreign -funded stocks such as automobile manufacturing and other fields, which has effectively driven the growth of investment in investment.\" The demands of Chinese businessmen's convenience have issued a series of policies and measures, including the guarantee of the protection of government procurement equal in domestic and foreign capital, and extending the policy of exemption from foreign personal income tax reduction, etc., and stabilized foreign investment expectations and confidence.

\"Third, the investment environment continues to optimize.\" She said, \"We comprehensively implement the regulations of foreign investment laws and implementation regulations, in -depth regulations that do not match the foreign investment law, and promote the revision, abolition and formulation of more than 500 regulatory documents. Ministry. Foreign trade and foreign -funded coordination mechanism and key foreign -funded projects to coordinate all parties in a timely manner to strengthen service guarantees and help enterprises solve their problems to solve problems, Promote the construction of key projects, and continuously improve the marketization, rule of law, and internationalization of the business environment.\"

\" At the same time, China still has strong comprehensive comparative advantages in infrastructure, human resources, and industrial supporting, providing a good environment for the development of foreign -funded enterprises.\"She added.

The long -term fundamental fundamentals of consumer development have not changed

Shu Jioting said that in the first 4 months of this year, the total retail sales of consumer goods in my country were basically the same as the same period last year. , Basic lifestyle sales and online retail maintained growth. In April, the total amount of zero social in the month fell a certain decline year -on -year, mainly due to the impact of the epidemic. In general, this impact is staged, temporary, and my country's consumption toughness. The characteristics of strong and potential have not changed, and the long -term fundamental fundamentals of consumer development have not changed. As the impact of the epidemic has gradually controlled, various expansion of internal demand for consumer policies and measures is effective, and consumption is expected to continue to restore development.

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