The core issue of the Sino -US trade war is that the two sides lack strategic trust. If China wants to break the situation, it can improve the negative impression of the United States and other countries by strengthening the protection of foreign capital and intellectual property rights.
Xu Fangda, the Minister of Trade and Industry of Singapore, who is visiting China and senior government affairs of the Ministry of Education, expressed the above views when attending the China and Globalization Think Tank Symposium yesterday.
He suggested that China can further open the market enable Chinese and foreign companies to compete fairly in China and allow local companies to participate in the Belt and Road projects more.These measures can help strengthen their trust and favors of China.
Xu Fangda pointed out that in order to find a solution for contradictions between China and the United States, we must understand why the United States' own friendly moves are widely supported by the Democratic Party and Republican and business circles in the United States.
He believes that the root cause of contradiction is not trade, technology or ethnic groups, but the lack of strategic trust.He hopes that China will continue to prove to other countries with action that China's attitude towards trade and economic development is enlightened and tolerant, and China will continue to bear more responsibilities in the international community.
China promised to promote the Belt and Road Initiative in an open, transparent, and sustainable way. Xu Fangda welcomed it and believed that this would help respond to the misunderstandings and anxiety of the outside world of China.
He also hopes that China and the United States will maintain communication and dialogue, find a solution that both sides are satisfactory for the current situation, and form a new model of constructive cooperation.This process is not easy, it takes time, but I think the first step should be to build mutual trust, or at least reduce distrust.
When Professor Xu Hongcai of the China Policy Science Research Association responded to Xu Fangda's speech at the discussion yesterday, he proposed several specific areas of China and New countries to expand cooperation in the future.
He suggested that Singapore can play the advantages of the financial center and cooperate with Shanghai to promote the pricing of RMB as a commodity.Singapore can also cooperate with talent training in the Guangdong -Hong Kong -Macao Greater Bay Area and Hainan Free Trade Port.When China promotes the reform of state -owned enterprises mixed ownership, it can refer to Singapore's experience in managing state -owned assets.The two countries can also maintain the experience of one -party governance for a long time.
Xu Fangda is also the co -chairman of Singapore MDash; the new party of the Shandong Economic and Trade Council.He arrived in Beijing the day before yesterday. In the past two days, he has exchanged with personnel from the Ministry of Culture and Tourism, the National Forestry and Grassland Bureau, the International Trade Promotion Commission, China and Global Think Tank, and the International Economic Exchange Center.
He went to Shandong yesterday.While in Qingdao, he would meet with Wang Qingxian, Secretary of the Qingdao Municipal Party Committee of the Communist Party of China, and spoke at the MDASH of Singapore; Qingdao Investment Symposium.The discussion was jointly organized by the Singapore Enterprise Development Bureau and the Qingdao General Chamber of Commerce.
