Xinhua Time Comment: "Delay" is futile, and mutual benefit and win -win is the right way.

Xinhua News Agency, Beijing, July 4th. Question: "Describe" is futile, and mutual benefit and win -win is the right way.

Xinhua News Agency reporter Han Jie

Recently, the US "Foreign Policy" magazine stated that the United States and China have not been unlikely to have "decoupling" in the field of trade. The report quoted a number of people in the American business community and said that the current US -China economic relations are still deepening, unilaterally "decoupled" with China's "decoupling" or losing the United States' industrial advantages.

At present, the problem of high inflation in front of the American people will undoubtedly be an important issue for the mid -term elections in the United States in November. The former US Ambassador to Singapore, David Adelman, said in an interview with the US Consumer News and Business Channel (CNBC) that the cancellation of Trump's tariffs imposed on the US -US commodity would help relieve US inflation pressure.

In the face of Sino -US economic and trade frictions, more and more people from all walks of life in the United States believe that this trade war and "decoupling" are economical.

Although the outbreak of the new crown pneumonia has severely damaged the global economy, the trade amount of China and the United States rose against the trend. According to data from the General Administration of Customs of China, the total value of bilateral goods in China and the United States in 2020 was 4.06 trillion yuan, an increase of 8.8%year -on -year; the Sino -US trade volume reached 4.88 trillion yuan in 2021, an increase of 20.2%year -on -year; Sino -US trade volume is RMB 2 trillion, and it still maintains double -digit growth.

In addition, the 2022 "American Enterprise in China" released by the American Chamber of Commerce in China in May this year shows that China is still the preferred market for American companies, and 83%of companies have stated that they have not placed manufacturing or procurement out of China. Member companies believe that the "decoustal" China -US economy does not meet the economic interests of both parties.

Data and facts from both China and the United States have further confirmed that the essence of Sino -US economic and trade relations is mutual benefit and win -win, not zero -sum game. China is the largest trading partner in the United States. Good Sino -US economic and trade relations are of great significance to the development of the two countries and the world.

[Editor in charge: Zhang Yongsu]

- END -