U.S. Treasury Secretary Janet Yellen recently made remarks urging China to take steps to change its economic policy. While this speech attracted widespread attention, the Chinese Ministry of Foreign Affairs also responded. Let's find out.
Recently, U.S. Treasury Secretary Janet Yellen delivered an important speech urging China to change its economic policy. She noted that China's current economic model poses a challenge to global economic stability, and called for more market-oriented reforms, greater opening-up, and compliance with international trade rules.
In response to Yellen's appeal, a spokesperson for the Chinese Foreign Ministry immediately responded. The spokesperson said that China has been firmly promoting reform and opening up, committed to building an open world economy, and has made great contributions to global economic growth. At the same time, China also advocates the multilateral trading system and free trade, and resolutely opposes protectionism and unilateralism.
The spokesperson of the Ministry of Foreign Affairs also stressed that China will continue to unswervingly promote reform and opening up, encourage foreign investment in China, and provide a fairer and more transparent business environment. The Chinese government will further intensify tax and fee reductions, simplify market access procedures, and strengthen the protection of intellectual property rights, so as to provide better development opportunities for enterprises.
Yellen's call sparked widespread discussion and attention. There is a view that in the context of economic globalization, the interdependence between countries is deepening, and cooperation and win-win results are the best choice to deal with the current challenges. The two sides should maintain dialogue and communication, resolve differences through equality and mutual benefit, and promote the building of an open, inclusive and inclusive global economic system.
In short, China is firmly committed to reform and opening up and building an open world economy, and this position will not change. At the same time, China will continue to actively participate in international cooperation to promote a more stable, just and sustainable global economic order. No matter what the outside world says, China will resolutely safeguard its national interests.