China and US Set to Engage in New Economic Dialogue in Sweden
China and US Set to Engage in New Economic Dialogue in Sweden
A fresh round of economic discussions between China and the United States is set to occur in Sweden this week. This initiative comes on the heels of substantial agreements reached in Geneva and the creation of a framework established during earlier talks in London. Amidst growing uncertainties in the global economy, both nations are anticipated to utilize their existing negotiation mechanisms effectively while implementing crucial agreements made by their respective leaders through actionable dialogue.
Entering the Swedish talks, China is demonstrating a sincere commitment. Despite the ups and downs in their trade relationship over recent years, China has consistently taken a proactive approach, advocating for the resolution of conflicts through equitable dialogue and negotiations. By keeping channels for communication open, even amidst renewed trade tensions, China upholds its rights and interests firmly.
From Geneva to London, China has shown its earnestness through deliberate efforts aimed at advancing negotiations and implementing collective decisions, thus bolstering global confidence in resolving conflicts through cooperative dialogues. The primary aim of the upcoming discussions in Sweden remains to collaboratively address significant issues with the US, striving for concrete solutions.
This dedication to dialogue stems from a profound understanding of the mutually advantageous nature of the economic ties between China and the United States, along with a keen sense of responsibility as leading global powers. Conflicts between countries are natural; however, the manner of resolution is what truly matters. Engaging in dialogue and consultation proves to be more effective than coercive measures while also avoiding unnecessary expenditures. China believes that its developmental interests must be safeguarded and that both parties should explore viable solutions based on mutual respect.
Both countries are encouraged to adhere to the principles of mutual respect, peaceful coexistence, and constructive cooperation, continuing to deliberate on economic and trade matters of mutual concern, aligning with the collective expectations of both peoples and the global community.
Sincerity in negotiations does not equate to compromising principles. Dialogue must maintain fundamental standards, and any cooperation must be rooted in fairness. Negotiations should be conducted on the grounds of mutual respect, equality, and joint benefits. What is at stake for China is not just its legitimate interests but also upholding global fairness and justice. The remarkable growth achieved by China is attributed to the tireless efforts of its citizens, not as favors bestowed by others. This progress should not be overshadowed, nor should the right to further growth be hindered.
China expresses its readiness and capability to protect its rights. A recently published report detailing China's economic performance during the first half of 2025 highlights stable growth despite rapidly changing international circumstances and increasing external pressures. The GDP experienced a year-on-year increase of 5.3 percent, an improvement of 0.3 percentage points compared to the previous year and the entire year of 2024. The total volume of imports and exports reached 21.79 trillion yuan (approximately $3.01 trillion), marking a year-on-year rise of 2.9 percent. Such resilience showcases China's ability to endure stress and maintain a healthy economy.
Looking ahead, regardless of external factors, China remains confident about preserving a stable economic trajectory and bolstering high-quality development, thereby offering much-needed stability and certainty to the global economy.
China understands the complexities involved in these long-term negotiations and stands firmly against unilateral actions and protectionism that threaten the multilateral trading framework—not only for its benefit but also to uphold the foundation of global development.
An increasing number of rational voices in the global community highlight that no nation is immune to economic pressures. Upholding principles is essential for safeguarding legitimate rights in negotiations.
In the face of difficulties, maintaining strategic clarity becomes vital. All stakeholders are encouraged to collaborate in defending a rules-based multilateral trading system, aiming for an open, inclusive, and non-discriminatory global trading environment. Historical trends demonstrate that successful resolution of trade disputes hinges on dialogue and cooperation. With profound sincerity and unwavering principles, the Chinese delegation approaches the Sweden discussions motivated by a desire to enhance understanding, trust, and cooperation between the two nations.