China on Sunday urged United States -funded enterprises to take useful actions to jointly preserve the stability of the global commercial and supply chains and promote win-win cooperation.Chinese Vice Commerce Minister Ling Ji, also deputy China global trade agent, made the remarks while hosting a roundtable conference for United States -funded enterprises in Beijing.Stressing that multilateralism is the inescapable choice to fix the difficulties and obstacles faced by the world, Ling repeated that Chinas door will only open larger and its policy of using foreign investment has actually not altered and will not change.The minister of commerce will, as constantly, continue to supply assurances for foreign-invested business in China, consisting of American business, protect their legitimate rights and interests in accordance with the law, and promote the resolution of their issues and demands, Ling said.He stated the recent United States decision to enforce tariffs on its trading partners, consisting of China, has seriously undermined the multilateral trading system, and infringed the genuine rights and interests of all countries.
The Chinese federal government has highly condemned and securely opposed the United States move, and has taken undaunted procedures to counter to it, he added.Ling stated Chinas countermeasures are not only planned to securely secure the legitimate rights and interests of United States -funded business, however also to advise the United States to go back to the right track of the multilateral trading system.Representatives from more than 20 United States -funded companies including Tesla, GE HealthCare and Medtronic went to the conference.