Home > Foreign Ministry Spokesperson's Remarks
Foreign Ministry Spokesperson Hua Chunying's Regular Press Conference on April 1, 2021
2021/04/01

China Daily: On March 31,British trade minister Liz Truss hosted a meeting with her G7 counterparts and the new head of the WTO. She said: "This is the time to get tough on China and their behaviour in the global trading system"; If "the big players feel they get to set the rules" and we end up in the winner-takes-all future, it "would ultimately leave people across the world worse off"; "We need to reform the dispute settlement system, stamp out unfair industrial subsidies and make sure everybody - large or small - is following the rules and being transparent". I wonder if you have any comment?

Hua Chunying: China categorically rejects the wanton accusation by the British official.

This year marks the 20th anniversary of China's accession to the WTO. During the two decades, we have always fulfilled our obligations and honored our commitment. We comply with WTO rules and firmly safeguard the WTO-centered multilateral trading regime. China has become the world's second largest economy, largest trading country in goods and top destination of foreign investment, contributing nearly 30% annually to global economic growth. With a population of 1.4 billion people and a 400 million strong middle income population, the Chinese market holds the greatest potential. It is the largest trading partner of over 120 countries and regions. China is also the UK's top source of import outside Europe. More than one million foreign enterprises have been set up in China. According to the latest report by the competent Chinese authorities, despite the grim background with the fallout of COVID-19 and deep global economic recession, foreign investment in China increased by 81% year-on-year in 2020. If this British official's allegation of China were true, would there be so many countries and regions who want to trade with China? Would there be so many foreign companies who want to invest and seek cooperation in China?

As to which country has been manipulating and maliciously circumventing WTO rules, cherry-picking international rules, and par