China has confidence to cope with any form of protectionist acts: MOC

Updated 2018-03-29 13:40:05 Xinhua

China's Ministry of Commerce (MOC) said Thursday that China is confident it will be able to react against any form of trade or investment protectionist act.

Gao Feng, spokesperson for the MOC, made the remarks in response to a question about how China would be effected by the U.S. government plan to slap tariffs on about 50 billion U.S. dollars of Chinese imports and restrict Chinese investment.

Trade with the United States, valued at about 580 billion U.S. dollars, accounted for 14.1 percent of China's total foreign trade. China's investment in the country, valued at about 7.8 billion U.S. dollars, accounted for 6.5 percent of its total non-financial outbound investment, Gao said at the press conference.

China urges U.S. to tackle trade frictions through dialogue

China on Thursday urged the United States to abandon unilateralism and protectionism, and resort to dialogue and consultation to handle the disagreements.

Gao Feng, spokesman with China's Ministry of Commerce (MOC) made the remarks in the wake of the U.S. decision to lengthen the days for public to comment on its imposed tariffs on Chinese goods from 30 days to 60 days.

China sticks to opening-up policy more firmly: MOC

China's Ministry of Commerce (MOC) said on Thursday that external pressure will not change China's resolution and confidence in opening up.

"China will stick to its opening-up policy more firmly without being affected by external pressure," said MOC spokesman Gao Feng at a press briefing.

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