China urges U.S. to abide by trade multilateralism

Updated 2017-08-16 10:45:52 CGTN

An official from China's Ministry of Commerce called on Washington to use multilateral tools to resolve allegations of Chinese intellectual property theft on Tuesday, following a move by U.S. President Donald Trump to authorize his trade representative to look into Chinese trade policies under Section 301 of the U.S. Trade Act of 1974.

"Cooperation in intellectual property between China and the U.S. in the past few years has been quite fruitful," Chen Fuli, deputy director of the Department of Treaty and Law of the ministry, told CGTN. "So we hope the U.S. will respect that fact and act with caution."

The allegation comes amid rising tensions on the Korean Peninsula and is likely to cast a shadow on China-U.S. relations, months after Chinese President Xi Jinping and his U.S. counterpart Donald Trump agreed to develop bilateral trade ties through multiple mechanisms such as the Comprehensive Economic Dialogue and the 100 Day Action Plan during their meeting in Florida.

Chen said that China will closely watch the development of the inquiry and is greatly concerned about the intentions behind such a move.

He added that China had been strengthening its administrative and legislative protection of the intellectual property rights of foreign investors.

China's Commerce Ministry and Foreign Ministry have urged the U.S. to respect objective facts and multilateral trade principles and act prudently. The ministries' spokespersons said that China will adopt all appropriate measures to safeguard its rights.

Section 301 refers to the Sections 301-310 of the U.S. Trade Act of 1974. Each year the Office of the United States Trade Representative prepares a Special 301 Report, which identifies a list of "Priority Foreign Countries," a "Priority Watch List" and a "Watch List" that judge and categorize countries according to the adequacy of their intellectual property laws.

According to Chen, Section 301 has always been unilateral in nature since its formulation and has been criticized by many nations as contrary to the multilateral principle embodied by WTO.

The official stressed that China hopes the U.S. can keep its promise to adjust and implement Section 301 in a way that is in line with trade multilateralism and "refrain from being the rule breaker of multilateralism."

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 21 2018 19:42:14

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 21 2018 19:42:14

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 21 2018 19:42:14

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords