China News Agency, Washington, May 27. Qin Gang, Chinese Ambassador to the United States, said in Indianapolis on the 26th that even if there is competition between China and the United States, it should not make it the mainstream and main tone of Sino-US relations.

Defining U.S.-China relations in terms of competition will only exacerbate tensions and lead to confrontation.

  Qin Gang attended the Indiana Global Economic Summit on the same day, and had a dialogue with Allen, President of the US-China Business Council, on China's economic situation, cooperation opportunities with Indiana, China's epidemic prevention policy, and China-US relations.

He made the above remarks when referring to the speech on China policy delivered by US Secretary of State Blinken on the same day.

  "I noticed that in his speech this morning, Secretary Blinken specifically mentioned that the United States should win the competition against China. I would like to make a response on this point." Qin Gang pointed out that China and the United States have great common interests and common responsibilities. The fundamental aspect of bilateral relations is win-win cooperation, and win-win cooperation can only benefit the two peoples and the world.

Even if there is competition between China and the United States, it should not make it the mainstream and the main tone of Sino-US relations.

Defining U.S.-China relations in terms of competition will only exacerbate tensions and lead to confrontation.

  Qin Gang said that what the US calls competition is not fair and healthy competition. Competition should be fair and just, based on the universally recognized basic norms of international relations and the rules of the WTO, so that the two sides can make each other better. And the game, to impose one's own set of private rules on the other side, not to use any means to contain and suppress the other side.

This is not a competition, but a malicious confrontation with dangerous consequences.

  Talking about the current situation and prospects of China-US bilateral economic and trade dialogue, Qin Gang said that as the world's two largest economies and one of each other's most important trading partners, the economies of the two countries are deeply integrated.

In 2021, China-US trade volume will reach a record high of more than 750 billion US dollars, a year-on-year increase of 28.7%.

Among them, China imported 179.5 billion US dollars from the United States, a year-on-year increase of 32.7%.

Sino-US economic and trade relations support 2.6 million US jobs.

It is normal to have differences and frictions between the two countries. The key is how to resolve them.

The only feasible way is for both sides to sit down and seek a solution based on the principles of mutual respect and mutual understanding.

  Qin Gang emphasized that China and the United States maintain communication at all levels on economic and trade issues.

The Trump administration has provoked a trade war and imposed tariffs that hurt the interests of both sides.

The U.S. trade deficit has not been reduced as a result. On the contrary, since the 301 tariffs on China took effect, U.S. companies have lost $1.7 trillion in market value, the U.S. has lost nearly 250,000 jobs, and the average annual spending of each household has increased by nearly $1,300.

The tariffs hurt the U.S. business community and consumers, and push up inflation in the United States.

The first batch of 301 tariffs will expire on July 5, and the US government is evaluating whether to continue it. I believe everyone here wants to hear good news.

Of course, if the tariffs continue, we will follow through.

(Finish)

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