March 11
Zhong Shan, Minister of Commerce
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Chinese Commerce Minister Zhong Shan speaks at a news conference on structural reform and development in Beijing on March 11, 2017. [Feng Yongbin/China Daily] |
On Belt and Road Initiative
The achievements made by the Belt and Road Initiative are beyond expectations. Last year Chinese companies invested $14.5 billion in markets along the Silk Road Economic Belt and the 21st Century Maritime Silk Road. Over 50 cooperation agreements were signed between governments. Chinese firms have contributed 180,000 job opportunities and nearly $1.1 billion in tax revenue along the routes.
On consumption
Consumption is the first power driving China's economy. China will implement a series of measures to encourage Chinese people to spend money in the domestic market. The measures include expanding effective supply, improving supply quality, lowering costs, strengthening areas of weakness and promoting innovation in transportation.
On the trade relationship between China and the US
China and the United States are mutually reliant and very important to each other. Cooperation is the only right choice between the world’s two largest economies. The Chinese government will continue to build mutually beneficial and complementary economic and trade relations with the United States, with a goal to generate more benefits for both peoples.
