For no good reasons, the United States recently launched a Section 301 investigation into China's maritime, logistics and shipbuilding sectors, and groundlessly accused China of the so-called "unfair practices," threatening to impose new restrictions including raising the tariff rates for both steel imports and aluminum imports from China.
Such unilateral and protectionist practice not only hurts the economic and trade relations between China and the United States, but also undermines global economic stability and development.
The petition for the Section 301 investigation initiated by the United States into China's maritime, logistics, and shipbuilding sectors is filled with unfounded accusations. It misinterprets normal trade and investment activities as damaging to U.S. national security and corporate interests, and wrongly attributes America's own industry issues to China. This not only lacks factual basis but also goes against economic common sense.
The petition describes the so-called "unfair trade practices" of China as the "biggest obstacle" to the recovery of the American shipbuilding industry. However, as the United States itself has stated, only 1 percent of the world's commercial vessels are produced in the United States today, and its ranking has dropped from the first place in 1975 to the 19th place today.
Multiple researches have shown that the U.S. shipbuilding industry has lost its competitive edge years ago due to overprotection.
According to the Financial Times, the shrinkage in the U.S. shipbuilding industry is a result of several factors, including a hollowing out of shipyards and construction capacity, a decrease in the number of marine engineers and architects, and an overall decline in competitiveness.
The United States accuses China of adopting so-called "non-market" practices while providing discriminatory subsidies worth hundreds of billions of dollars to its own industries. This accusation is baseless. In fact, the development of Chinese industries is a result of enterprises' efforts to advance technological innovation and actively join market competition.
Take the shipbuilding industry as an example. Chinese shipbuilding companies have strengthened technological innovation, accelerated high-end, intelligent, and green development, actively participated in market competition, and honed their skills in the global market. The development of China's shipbuilding industry is a natural outcome of international industrial development and China's comparative advantages.
It's not the first time for the United States to shift its domestic problems overseas in an attempt to find a cure. The last U.S. administration initiated a Section 301 investigation against China and raised tariffs, which was ruled by the WTO as a violation of its rules.
The terms of the Section 301 are typical examples of unilateralism, and the United States, driven by domestic political needs, has launched a new Section 301 investigation, openly calling for arbitrary adjustments to tariffs on Chinese products, which is a repeated mistake.
Under the excuse of so-called "national security," the United States politicizes economic and trade issues, formulates discriminatory industrial policies, and sets numerous trade barriers, which will only harm others without benefiting itself.
The shipping industry bears over 80 percent of the global trade transportation and is crucial for global trade and economic growth. The United States' trade bullying practices not only fail to address its own deep-rooted problems, but also disrupt global industrial and supply chains, hindering the healthy development of the world economy.
In recent years, the United States has implemented a number of measures to suppress China's economic, trade, and technological advancements. The list of sanctions against Chinese companies keeps growing, which is not about "de-risking" but rather about creating risks.
History has repeatedly proven that for China and the United States, one country's success is an opportunity for the other. Faced with new and evolving situation in China-U.S. business ties, the two sides should stay committed to mutual respect, mutual benefit and equal-footed consultation, follow economic and market rules, expand and deepen mutually beneficial business cooperation, respect each other's development rights, and work for win-win outcomes for the two countries and the world at large.
China is willing to develop its relationship with the United States based on the principles of mutual respect, peaceful coexistence, and win-win cooperation. At the same time, China will continue to firmly safeguard its national sovereignty, security, and development interests.
The U.S. side should face its own problems, stop abusing unilateral trade measures, immediately cancel the additional tariffs imposed on China, and return to the rules-based multilateral trading system as soon as possible.
中新经纬1月11日电 据微信号“中国铁路”11日消息，自1月11日零时起，铁路12306网站(含手机客户端，下同)优化升级候补购票功能，增加候补订单和备选方案数量，扩大候补订单兑现时间选择范围，临时新增旅客列车席位优先配售给 39.5万人次！春节期间上海机场单日旅客吞吐量创下历年春运最高纪录 中新网2月18日电 据上海机场集团微信公众号消息，自2月6日春运出港高峰首日至2月17日(年初八)，上海浦东、虹桥机场共保障进出港旅客437.6万人次( 为降低新一轮低温雨雪冰冻天气对农业生产带来的影响，湖北省沙洋县农业农村局组织技术服务指导组深入田间地头，重点围绕蔬菜大棚、油菜等主打产业，开展防冻避灾、病虫防控等全程技术指导服务，最大限度减少 新华社兰州2月21日电（记者郁琼源、张晓洁）农业农村部部长唐仁健21日说，要坚持“守底线、增动力、促振兴”协同推进，聚焦增强脱贫地区和脱贫群众内生发展动力，持续加强防止返贫监测帮扶，加快建立农村低收入 日本两大航司近百名员工考试作弊 中新网2月23日电 综合日媒报道，日本两大航空公司全日空和日本航空近日均承认，旗下子公司共有近百员工在机场驾驶资格考试中作弊。 据朝日新闻、读卖新闻和日本放送协会等报道 2023年北京高精尖产业新设市场主体占比提升至66.1% 中新网北京2月22日电 (记者 吕少威)京津冀协同发展十年来，北京科技、商务、文化、信息等高精尖产业新设市场主体占比由2013年的40.7%上升至2023年的66.1%。 。本文链接：U.S. latest Section 301 investigation a repeated mistakehttp://www.sushuapos.com/show-5-13958-0.html
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