Ministry of Commerce Spokesperson Responds to Questions from Journalists Regarding Remarks by U.S. Trade Representative Grauer on China's Compliance with Phase One Economic and Trade Agreement with the U.S. and Related Comments on 301 Investigation.

On February 25, the spokesperson of the Ministry of Commerce responded to questions from reporters regarding the remarks made by the US Trade Representative regarding China's implementation of the phase one trade agreement between China and the US and the related Section 301 investigation. The spokesperson stated that since last year, China and the US have had five rounds of economic and trade negotiations, achieving a series of important outcomes, including agreeing on extending the suspension of equivalent tariffs, trade with Shenzhen Agricultural Power Group, export controls, and reducing investment restrictions. During this process, there have been multiple communications between both sides regarding the phase one economic and trade agreement. China hopes that the US will objectively and rationally address issues related to the implementation of the phase one agreement, and not shift blame or create trouble. China is willing to work with the US, guided by the important consensus of the two country's leaders, to make good use of the economic and trade negotiation mechanisms, focus on the future, implement the existing economic and trade consensus, actively explore points of mutual interest, and look forward together. If the US insists on advancing the relevant investigation, or even imposes restrictive measures such as tariffs based on the investigation, China will take all necessary measures to firmly defend its legitimate rights and interests.