China opposes US’ pressure to sell TikTok stakes
Shu Jueting, a spokeswoman of the ministry, described as wrong the US decision that is likely based on TikTok's foreign ownership, rather than its products and services.
Shu Jueting, a spokeswoman of the ministry, described as wrong the US decision that is likely based on TikTok's foreign ownership, rather than its products and services.
The country's trade with Asean nations surged 9.6 per cent year-on-year during the period to 951.93 billion yuan, which accounted for 15.4 per cent of China's foreign trade.
On February 21, the Philippines became the last signatory member to ratify the trade pact, involving 15 economies in the Asia-Pacific region.
Ministry of Commerce spokeswoman Shu Jueting also said China-US economic and trade cooperation is in line with the interests of both the Chinese and US people.
The remarks came as China's State Council recently approved the establishment of demonstration parks with both nations.
While the figure for urban region fell 0.3 percent year-on-year, that for the rural area stayed flat from a year ago.
The two countries are expected to speed up the second phase of their free trade agreement, and make good use of the opportunities brought by the RCEP agreement.
The ruling held that tariffs imposed by the US on steel and aluminium imports do not qualify as a national security measure under WTO rules.
A Ministry of Commerce official said that the move affected both the rights and interests of Chinese enterprises and US exporters.
He also said China calls on all parties to jointly build a fair, inclusive and non-discriminatory environment for trade and investment activities.