China reaffirmed its commitment to trade protection, promising to safeguard national interests and Chinese enterprises abroad. This commitment reflects Beijing’s determination to ensure stability in international business.
Vice Premier He Lifeng met with U.S. officials in Madrid, holding open and constructive discussions on trade protection and economic cooperation. During these meetings, he emphasized that protecting trade includes defending the legitimate rights of Chinese-funded companies overseas and supporting fair market practices.
During the talks, both sides reached a basic framework consensus on addressing issues like TikTok through cooperation. They also agreed to reduce investment barriers while promoting trade protection and broader economic collaboration. These agreements aim to create predictable and transparent conditions for international businesses.
He Lifeng stressed that trade protection supports fair market competition. He added that it respects the will of companies negotiating on equal terms. This approach ensures fairness, strengthens long-term business confidence, and encourages overseas investment.
The vice premier emphasized that China-U.S. relations depend on mutual benefit and win-win results. Collaborative efforts help both countries, while conflict could weaken efforts to safeguard trade and global economic stability. He urged ongoing dialogue to preserve trust and stability in bilateral relations.
Officials agreed to implement previous agreements and fully leverage the trade consultation mechanism. These steps reinforce trade protection by resolving differences, enhancing understanding, and promoting healthy economic growth. They also help prevent misunderstandings and ensure smoother business operations.
In addition, He Lifeng emphasized that China will supervise technology exports carefully, maintaining trade protection while respecting market rules. He encouraged U.S. counterparts to lift restrictions that hinder cooperation, emphasizing that joint actions can create a better environment for global trade.
China’s emphasis on safeguarding trade also encourages investment and innovation overseas. Businesses can operate with confidence when governments enforce fair rules and respect market principles. In addition, protecting trade promotes transparency in international business and helps minimize the risk of disputes.
The vice premier added that both countries share broad areas for cooperation. Regular dialogue, coordination, and mutual understanding strengthen trade protection and enhance the overall stability of economic relations.
By emphasizing trade protection, China signals its determination to safeguard enterprises, maintain fairness, and foster long-term international cooperation. Both sides plan continued communication to support economic stability, global growth, and sustainable development.
