The More Crucial The Sino US Consultation Is, The More We Need To Expand The Interest Intersection.

The eighth day round of high-level consultation on Sino US economic and trade for two days ended on Friday (29) in Beijing.

The talks were also co chaired by members of the Political Bureau of the CPC Central Committee, vice premier of China and Chinese leader of the Sino US comprehensive economic dialogue. Mnuchin and the US trade representative, Mr. lettchet, and finance minister, jointly discussed the relevant text and made new progress.

From snowy to cherry blossoms, from Washington to Beijing, the Sino US economic and trade consultations have been in the four round in the past four months.

During the last round of negotiations, the two sides negotiated the text of the agreement and made substantial progress in specific aspects of technology pfer, intellectual property protection, non-tariff barriers, services, agriculture and exchange rate. The current round of consultations continued to discuss the text of the agreement and made new progress. This shows that the two sides have made further progress towards implementing the important consensus of the two heads of state and are worth looking forward to.

It is not easy to advance the Sino US economic and trade consultations, but it is hard and painstaking.

Although the two sides' consultations were held behind closed doors, more and more details were revealed as the pace and pace of consultation accelerated.

For example, in order to save time, the current round of consultations will welcome the dinner to a working dinner. The two delegations will eat and talk. In addition, there will be no opening ceremony for the current round of negotiations. The two sides will simplify the form and go straight to the theme, and discuss the agreement text by line.

See the spirit in detail.

The Sino US economic and trade teams have talked so hard and painstaking. On the one hand, there are great differences between China and the United States in terms of system, culture, national conditions and development stages.

On the other hand, Sino US economic and trade issues are not simple. You sell me to buy relationships, but they are intricate and difficult to negotiate.

Therefore, in the face of limited time for face-to-face consultations, the two sides adopted overtime, video communication, eating and talking, and other ways to compete against time to enhance consensus, but there is still a lot of work to do.

It can be said that in the past 120 days, working day and night has been the normal work of both sides' economic and trade teams.

Nevertheless, the two teams, under the guidance of the important consensus of the two heads of state of Argentina, have made substantial progress through unremitting efforts.

This is indeed hard won, and both sides should cherish it.

According to the data released by the US Department of Commerce on Wednesday (27), US exports to the world increased by 0.9% in January, reaching US $207 billion 300 million, but the total exports to China dropped to US $7 billion 100 million, the lowest level since 2010.

According to Chinese statistics, China's import and export trade with the United States dropped by 19.9% in the first two months of this year.

In view of the fact that the tension between China and the US has not been alleviated, the organization for economic cooperation and development recently reduced its global growth forecast from 3.5% to 3.3% this year.

Obviously, mutual tariff increases are more and more damaging to China and the United States and the global economy. The implementation of the consensus between the two heads of state is becoming more and more important and necessary.

At present, the two sides have entered the critical stage of the formulation of the text. With the accelerated pace of negotiation, simplified form and direct to the theme, the confrontation is more intense.

The more crucial the Sino US consultation is, the more we need to expand our interests.

The US concerns are mainly focused on intellectual property protection, market access and implementation mechanisms.

These concerns can be solved in the process of China's current reform and opening up so long as it is consistent with China's deepening reform and opening up.

At the annual meeting of the Boao forum for Asia this year, China has released a series of signals of opening wider to the outside world. China and the United States can find common ground from them and continue to promote their respective economic and trade concerns.

Next week, the ninth round of China US trade and economic consultation will be held in Washington.

With the accelerated pace of negotiations, the two sides should expand their common denominator with greater courage, wisdom and trust, continue to work together and implement the consensus of the heads of state of the two countries.

For the Chinese side, it will surely strive for a mutually beneficial and win-win agreement with consistent sincerity and efforts. Even if the talks are not satisfactory, the Chinese side will face up to what should be done. After a year's struggle, China's economy is more resilient and the Chinese mentality has become more mature.

In 2018, China's foreign direct investment was still up to 130 billion US dollars in the constant escalation of trade friction, ranking the highest in the world. The actual use of foreign capital was US $134 billion 970 million, an increase of 3% over the previous year, a record high.

This bright "pcript" makes Chinese people more firmly realize that doing well in their own affairs is the king's way to deal with all kinds of storms.