LINE

Text:AAAPrint
Economy

China evaluating impact of U.S. tariff measures: MOC

1
2018-09-21 08:51:29Xinhua Editor : Wang Fan ECNS App Download

China is evaluating the impact of the United States' decision to impose additional tariffs on 200 billion U.S. dollars worth of Chinese products, the Ministry of Commerce (MOC) said on Thursday.

"As we can see so far, the products involve six categories, including electromechanical, light industry, textiles and garments, resources and chemical products, agricultural products and pharmaceutical products, and foreign enterprises are likely to account for almost half of the affected enterprises," MOC spokesman Gao Feng told a news conference.

The unilateral trade protectionist measures of the U.S. hurt not only the interests of enterprises and consumers of both China and the U.S. but also the security of the global industrial chain and supply chain, said Gao.

Gao said China is currently working on targeted measures and will release and implement the measures at an appropriate time to help Chinese and foreign enterprises in China cope with possible difficulties and challenges.

In response to questions that some exporters have shifted focus into the domestic market, Gao said some foreign trade enterprises, including foreign-funded enterprise, had explored the domestic market in China due to its size and high consumption potential.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.