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China will "take all necessary measures" to resolutely protect its legitimate rights and interests that might be hampered by the possible US initiation of a Section 301 investigation into the country, the Ministry of Commerce said on Thursday.
China will continually push forward the market-oriented reform of renminbi exchange rate regime, and keep the flexibility of the currency. Necessary macro-prudential management will be launched when some pro-cyclical signals emerge, to keep the renminbi exchange rate basically stable at a reasonable equilibrium, Yi said.
China will continue to handle its foreign relations according to the one-China policy, Geng said, urging foreign corporations running businesses in China to respect China's sovereignty and territorial integrity, abide by China's laws and respect Chinese people's national feelings.
China planned for the restrictions to take effect in September and be fully implemented by the end of this year.
China shipped 1.31 trillion yuan of mechanical and electrical products to the US between January and September, an increase of 1.4 percent year-on-year accounting for 60 percent of its total export value to the US during the nine-month period, administration spokesperson Li Kuiwen said at a news conference.
来源：资阳报