SOURCE / ECONOMY
Chinese FM urges US to perceive China correctly and follow through on Biden’s commitment
Published: Dec 02, 2022 08:12 PM Updated: Dec 02, 2022 08:07 PM
The Chinese Foreign Ministry in Beijing Photo: Xinhua

The Chinese Foreign Ministry in Beijing Photo: Xinhua


The Chinese Foreign Ministry on Friday urged the US to perceive China correctly and earnestly follow through on President Biden’s commitment of not seeking decoupling from China, halting China’s economic development or containing China. 

The remarks came as US Commerce Secretary Gina Raimondo said on Wednesday that the US is aiming to bolster its system of export controls, enhance its investment screening regimes, strengthen supply chain resiliency, and develop innovative solutions to counter China's economic coercion and human rights abuses, Reuters reported. 

CNBC reported that Raimondo also remarked that China is “committed to increasing the role of the state society and economy,” and making “efforts to fuse their economic and technology policies with their military ambitions.”

Raimondo meanwhile stressed that the US is "not seeking the decoupling in any way of our economy from that of China's."

Chinese Foreign Ministry spokesperson Zhao Lijian rebuked the claim on Friday at a press briefing, noting that those remarks do not reflect the reality. 

Zhao stressed that reform and opening-up is China’s fundamental national policy. China’s door will never be closed and will only open wider. He said that China launched 15 policy measures for expanding foreign investment inflow and stabilizing the scale of foreign investment, and also released the 2022 edition of the Catalogue of Industries Encouraged for Foreign Investment, which demonstrates its firm resolve in opening-up. 

By contrast, to preserve its dominance and selfish interests, the US has politicized, weaponized and ideologized China-related trade, investment and sci-tech issues, Zhao said. 

The US has deliberately smeared China’s military-civil fusion strategy, abused export controls, and coerced its allies into forming various kinds of industrial and supply chains that exclude China. These moves harm the US itself as well as others, and hinder world economic recovery.

Zhao urged the US side to perceive China correctly and earnestly follow through on President Biden’s commitment of not seeking decoupling from China, halting China’s economic development or containing China. 

He added that the US needs to stop abusing state power in hobbling Chinese businesses, stop building walls and barriers, stop forcing through actions of “decoupling” and disrupting industrial and supply chains, and stop pursuing its selfish interests at the expense of the world economy instead of continuing down the wrong path.

Global Times