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What experts say about China-US trade tension

By Yang Yang | chinadaily.com.cn | Updated: 2019-06-24 06:45
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Chinese experts shared their insights on the key issues in the China-US economic and trade tension at a seminar in Beijing on Thursday.

They shared views on technological blockades and economic development, protection of intellectual property rights, and fair play in the marketplace. Here's what they said.

Huang Hanquan, director of the Institute of Industrial and Technological Economics, National Development and Reform Commission, attends the Seminar on Key Issues in China-US Economic and Trade Frictions in Beijing on June 20, 2019. [Photo/chinadaily.com.cn]

Huang Hanquan, director of the Institute of Industrial and Technological Economics, National Development and Reform Commission

The technological blockade of the United States against China cannot stop China's development process. China has a complete industrial system, improving innovation ability, excellent application scenarios of scientific and technological innovation achievements, and a high-level, multilevel and all-dimensional pattern of international scientific and technological cooperation. The country has the ability to break through the blockade.

China also attaches great importance to the protection of intellectual property rights and has become a model for global intellectual property governance. In February 2018, The Global Innovation Policy Center released a report on the International Intellectual Property Index 2018, which maps the national IP environment for 50 surveyed economies with 40 indicators. China ranked 25th, up by 2 places from 2017.

With a strict intellectual property protection system, China has the ability to break through the US technological blockade and make progress in its economic development.

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