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China has been known as the world's factory, the largest exporter of goods and a major buyer of resources and commodities in the international market. Now the country is preparing itself for major shifts in global trade. It's poised to pursue a more balanced growth by boosting trade in services with the rest of the world.
China developed a draft e-commerce law in 2016 and the draft will be deliberated by the national legislature for the third time in June.
China firmly opposes the US including 33 Chinese enterprises, universities, research institutions and individuals on the export control "entity list" on the grounds of so-called "military involvement" and "human rights", the Ministry of Commerce said on Friday.
China has made an ambitious goal to lift the country’s remaining 40 million impoverished people out of their situation by 2020, a step against poverty unprecedented in human history.
China doesn't want a trade war. However, confronted by such short-sighted act that hurts both US itself and others, China has no choice but to fight back forcefully, to firmly safeguard the interests of the nation and its people and uphold economic globalization and the multilateral trading system. We will immediately take tariff measures of the same scale and intensity. All economic and trade outcomes of the previous talks will now lose effect.
来源：资阳报