US companies know where the consumers are
Editor's Note: China's economy has sufficient strength to cope with the trade frictions with the United States. Zhong Sheng, a columnist of People's Daily, comments:
Facing continuous provocations from the US, China resolutely stands on the side of equality and justice, and remains confident in the resilience of the Chinese economy. China has been resolutely defending its core national interests, and maintaining the rules-based multilateral trade system and free trade, which has won it wide recognition.
China has a population of nearly 1.4 billion, and the world's largest middle-income group. With the accelerating of its consumption upgrading, the Chinese market is releasing its huge potential, effectively driving the growth of the economy, which, along with China's efforts to improve its business environment, makes the country an ideal investment destination that few foreign enterprises can afford to ignore.