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China remained the largest target of trade remedy measures in 2017, even though the number of cases and value involved declined because of a higher comparative base in 2016, the improving global economy and the fight against protectionism, according to data released by the Ministry of Commerce.
China urges the US to give up bullying acts, stop wrong deeds immediately, uphold fair and transparent international norm and order. If the US persisits, China will definitely take necessary countermeasures to safeguard the legitimate rights and interests of Chinese companies, said the statement.
China now is Canada's second-largest trade partner, second-largest export destination and import resource and sixth-largest foreign investment source. According to data from Statistics Canada, the trade volume between the two countries grew by double digits .5 billion in 2017.
China on Monday announced that it had filed a case at the World Trade Organization (WTO) against the United States following Washington's recent tariff measures.
China released a draft guideline on Monday to encourage and regulate the booming bike-sharing industry.