No tariff war can change global popularity of Chinese products, stability of China’s market: FM on robust trade data

Foreign Ministry Spokesperson Mao Ning Photo: Ministry of Foreign Affairs

Asked to comment on China’s recent economic data for July, including stellar trade figures, and certain analysis that China’s trade will continue to be under pressure amid tariff and other external impacts, Chinese Foreign Ministry spokesperson Mao Ning said on Thursday that China’s foreign trade has maintained steady momentum despite a complex and changing external environment, which shows both the strong fundamentals of China’s economy and the robust global demand for Chinese products.

“This is the result of China’s efforts to expand high-level opening-up, advance high-quality development, and promote industrial upgrading,” Mao said, noting that facts have proven that engaging in international trade based on comparative advantage and pursuing shared development brings benefits to all parties.

“Chinese products are renowned worldwide for their quality, and China’s diversified and stable markets are widely welcomed. No tariff war or trade war can change that,” Mao said, stressing that China will continue to share development opportunities with all countries while upholding openness, cooperation, and mutual benefit.

Global Times