China hopes to strengthen economic and trade policy communications with the European Union to safeguard the stability of the industrial and supply chains as well as promote trade and investment liberalization and facilitation, in order to support true multilateralism and make active contributions to world economic recovery, Shu Jueting, spokeswoman of the Ministry of Commerce, said at an online media conference on Thursday. She made the remarks after being asked for comments on a new report the European Union Chamber of Commerce in China released on Wednesday. "We have noticed the EU paper stated that it hopes the EU will

The US" "Section 301" tariff measures are not good for China, the US or the rest of the world, the Ministry of Commerce said on Thursday. In response to the US reportedly delaying their decision on the China tariffs put in place by Trump, Shu Jueting, the ministry's spokeswoman, said at a regular briefing that the move will bring more losses for US enterprises and consumers amid high inflation. Shu's remarks came as Bloomberg recently reported that US President Joe Biden is holding back on a decision to scrap any Trump-era tariffs on China imports, while the administration studies ways

China firmly opposed the US government’s latest restrictions on shipping high-end artificial intelligence chips used in high-performance computing to the nation, the Ministry of Commerce said on Thursday. The comments came after US chip designer Nvidia Corp said, on Wednesday, that US officials told it to stop exporting two top computing chips for AI work to China. The specifically targeted chips are A100 and H100 chips, which are designed to speed up machine learning tasks. Shu Jueting, spokeswoman for the Ministry of Commerce, said at a media conference in Beijing that the US has continuously abused export control measures to