Core Viewpoint - The press conference highlighted the achievements of China's "14th Five-Year Plan" in promoting high-quality business development, emphasizing the resilience of the economy and the importance of domestic consumption as a growth driver [2][4]. Group 1: Achievements in Domestic Consumption - The domestic consumption market is expected to exceed 50 trillion yuan this year, with an average annual growth rate of 5.5% over the past four years [2]. - The share of residents' service consumption expenditure has increased by 3.5 percentage points to 46.1%, indicating a robust growth in service consumption [2]. - Consumption has contributed approximately 60% to economic growth annually, reinforcing its role as a primary engine for economic development [2]. Group 2: Foreign Trade and Investment - China maintains its position as the world's largest goods trader, with export and import market shares stable at over 14% and 10%, respectively [2][10]. - The service trade scale ranked second globally, surpassing 1 trillion USD for the first time last year [2][10]. - Cumulative foreign investment absorption has exceeded 700 billion USD since the beginning of the "14th Five-Year Plan," surpassing expectations [10]. Group 3: High-Level Opening Up - The negative list for foreign investment access has been continuously reduced, with all restrictions in the manufacturing sector eliminated [3]. - The establishment of 22 pilot free trade zones has facilitated comprehensive reform and opening-up, aligning with international high-standard trade rules [3]. - China is actively expanding its trade partnerships, with a target for goods trade with free trade partners to reach 43% by 2024 [3]. Group 4: Economic Security and Risk Management - The legal framework for foreign trade is being accelerated, with new regulations on dual-use item export controls being introduced [3]. - The government is enhancing its capacity to manage trade disputes and safeguard foreign investment security [3]. Group 5: Future Consumption Policies - The Ministry of Commerce plans to convert successful consumer policies into long-term strategies while adapting to changing international conditions [11][12]. - Future policies will aim to stimulate consumption, enhance service consumption potential, and expand domestic demand comprehensively [12].

Core Viewpoint - The China-U.S. economic and trade relationship remains significant despite challenges, with both countries being important economic partners [1]. Summary by Sections - The China-U.S. economic and trade relationship has faced numerous challenges since 2018, primarily due to unilateralism and protectionism from the U.S., which has disrupted normal trade cooperation [1]. - Despite a decrease in the share of trade between the two countries, the overall bilateral trade has remained stable, with projected trade volumes in 2024 reaching $688.3 billion for goods and $155.8 billion for services, representing growth of 18% and 34.7% respectively since 2017 [1]. - The essence of the China-U.S. economic and trade relationship is mutual benefit and win-win cooperation, which is the only correct path forward [2]. - Disagreements and friction are inevitable in China-U.S. economic cooperation, and dialogue and consultation are the best ways to resolve issues [3]. - China’s position is consistent, firmly defending national interests and international fairness and justice [4].

Core Viewpoint - The article emphasizes the resilience and importance of Sino-U.S. economic relations despite ongoing trade tensions and challenges, highlighting that both countries remain significant economic partners. Summary by Sections Overview of Sino-U.S. Economic Relations - The Ministry of Commerce states that since 2018, the U.S. has initiated trade frictions, which have severely impacted normal economic cooperation between China and the U.S. [2] - Despite a decrease in the share of trade between the two countries, the overall bilateral trade remains stable, with projected trade volumes in 2024 reaching $688.3 billion for goods and $155.8 billion for services, representing growth of 18% and 34.7% respectively since 2017 [2] Key Statements on Economic Relations - First Statement: Sino-U.S. economic relations have faced challenges, yet both countries continue to be important economic partners [3] - Second Statement: The essence of Sino-U.S. economic relations is mutual benefit and win-win cooperation, which is the only correct path forward [4] - Third Statement: Disagreements and frictions are inevitable in economic cooperation, and dialogue and consultation are the best ways to resolve issues [5] - Fourth Statement: China’s position is consistent, firmly defending national interests and international fairness and justice [6]

Sino-US Trade Relations - The Ministry of Commerce of China states that despite challenges, China and the US remain important trade partners [1] - The Ministry of Commerce of China suggests that Sino-US economic and trade cooperation has a solid economic and public foundation, and artificial "decoupling" is not feasible [1]

国新办今天举行"高质量完成'十四五'规划"系列主题新闻发布会。 商务部有关负责人在会上表示，2018年美方挑起经贸摩擦以来，中美经贸关系可谓是跌宕起 伏，标志性事件也不少，用四句话简要概括： 第二句话， 中美经贸关系本质是互利共赢，合作是唯一正确道路。 第三句话， 中美经贸合作难免会出现分歧和摩擦，对话协商是解决问题的最好选择。 第四句话， 中方的立场是一贯的，坚决捍卫国家利益和国际公平正义。 第一句话， 中美经贸关系历经风雨，双方仍互为重要经贸伙伴。 ...

商务部4句话概括近年中美经贸关系 金十数据7月18日讯，商务部有关负责人在会上表示，2018年美方挑起经贸摩擦以来，中美经贸关系可 谓是跌宕起伏，标志性事件也不少，用四句话简要概括：第一句话，中美经贸关系历经风雨，双方仍互 为重要经贸伙伴。第二句话，中美经贸关系本质是互利共赢，合作是唯一正确道路。第三句话，中美经 贸合作难免会出现分歧和摩擦，对话协商是解决问题的最好选择。第四句话，中方的立场是一贯的，坚 决捍卫国家利益和国际公平正义。 （央视新闻） ...

Core Viewpoint - The Ministry of Commerce emphasizes that the economic and trade relationship between China and the United States remains strong despite challenges, and that artificial "decoupling" is not feasible [1] Summary by Relevant Sections Economic Relationship - Since 2018, unilateralism and protectionism from the U.S. have led to increased trade frictions, significantly impacting normal economic cooperation between China and the U.S. [1] - Despite a decrease in the share of bilateral trade in each country's total trade, overall trade between China and the U.S. has remained stable [1] Trade Data - In 2024, the total goods trade between China and the U.S. is projected to reach $688.3 billion, while service trade is expected to be $155.8 billion, representing increases of 18% and 34.7% respectively compared to 2017 [1] - The data indicates a solid economic and public support foundation for China-U.S. economic cooperation [1]

Group 1 - The core viewpoint of the article emphasizes that China is an ideal, safe, and promising investment destination for foreign enterprises due to its large domestic market and complete industrial system [1] - The Chinese government is committed to maintaining a fair, just, and open market competition order, and will continue to provide service guarantees for foreign enterprises [1] - The China-U.S. Chamber of Commerce aims to promote trade, business, and investment cooperation between China and the U.S., contributing to the stable and healthy development of China-U.S. economic and trade relations [1] Group 2 - The meeting included discussions on the development of U.S. enterprises in China, with representatives expressing their long-term commitment to operating in the Chinese market [1] - The Chinese side hopes that the China-U.S. Chamber of Commerce will play an active role in facilitating mutually beneficial cooperation between industries in both countries [1] - U.S. companies are encouraged to participate in China's new industrialization process and provide more competitive products and services to share in China's development opportunities [1]

Export and Import Performance - In the first half of the year, China's exports grew by 5.9% year-on-year in USD terms, while imports declined by 3.9%, resulting in a trade surplus of $585.96 billion[2] - In June, exports increased by 5.8% year-on-year, with imports turning positive at a growth rate of 1.1%, leading to a trade surplus of $114.77 billion[2] - ASEAN and EU continued to support China's export growth, contributing 2.7 and 1.1 percentage points to the June export growth, respectively[2] Product-Specific Insights - Electrical and mechanical products maintained export advantages, with integrated circuits and general machinery growing by 18.9% and 7.0% year-on-year, respectively[4] - Some light industrial products saw improvements in export prices, with declines in prices for household ceramics and footwear narrowing by 7.0 and 1.8 percentage points, respectively[4] - The automotive sector continued to show positive growth despite high export baselines in recent years[4] Economic Risks - There is an increasing risk of economic recession in Europe and the US, alongside a complex international situation that could impact trade dynamics[3]

商务部国际贸易谈判代表兼副部长李成钢会见由中国美国商会会长何迈可率领的会员企业代表团。双方 就中美经贸关系、美国企业在华发展等议题交换了意见。 ...