Tariff Sticks Can't Stop China's Development

In the face of the escalating economic and trade frictions by some US parties, China has always stood on the side of fairness and justice, showing its abundant strength that is supported by strength and toughness. China firmly resolutely safeguards the core interests of the state and the fundamental interests of the people, firmly supports the free trade and rule-based multilateral trading system, and has won wide acclaim in the international community.

China has a large market of nearly 1 billion 400 million people. It has the largest middle income group in the world. The upgrading of consumption is accelerating, and the potential of the consumer market is huge, which provides great impetus for the development of China's economy. A few days ago, the opening of the largest chain member store opened in China's first store, and the intensity of its business was a cry of alarm from western public opinion. By the positive factors of the Chinese market, the total market value of the opening two days increased by about 7 billion 800 million dollars. Bloomberg news of the United States commented: "whether or not there is a trade war, American businesses will follow consumers to China."

China's booming economy has made China a fertile land for foreign companies to ignore. How can the US enterprises leave China? This is the voice of countless people inside and outside the industry. According to the Financial Times report, although some American people's trade hostility to China has been increasing, the investment of American enterprises in China is still growing, thanks to China's expanding consumer market. "The Fortune 1000" company, which is related to high-end manufacturing, is still growing. They are doing business with China and expanding their business in China "because they know that China will continue to be the most active manufacturing center in the world."

The economic and trade cooperation between China and the United States is determined by the market forces that aim at win win. Although some Americans clamour for US companies to withdraw from China and decouple the US economy from the Chinese economy, they can not reverse the trend of cooperation and win-win. The survey released recently by the US China Trade Commission showed that 97% of the US companies surveyed were profitable in the Chinese market. Craig Alan, the chairman of the committee, clearly stated: "most of the American companies there (China) understand that China will remain one of the main engines of global growth in the foreseeable future." Clearly, decoupling from China is decoupling from opportunities and decoupling from the future.

It is the consensus of most enterprises in the world to take a good look at China's development prospects and attach importance to China's market opportunities. Recently, the news of "entering the Chinese market" is quite striking. The German retail giant oreli has stepped into China to make a new step. The largest household chain store in Japan, like the bird company, announced that it had opened 1000 stores in mainland China by 2032, and the Exxon Mobil Corp decided to build a large single proprietorship project in China. Along with China's steady expansion and opening up, the charm of the Chinese market is increasing day by day. This is also an important reason for the fact that the actual use of foreign capital increased by 7.3% over the first 7 months of this year under the background of Sino US economic and trade frictions.

The charm story of the Chinese market interprets the logic and laws of time and potential, and demonstrates eloquently that the pace of China's progress is unstoppable. Any attempt by the US side to oppose the general trend is a violation of the law, and it is never possible to succeed.