On the 22nd, the Ministry of Commerce held a regular press conference.

Ministry of Commerce: China will release a list of unreliable entities in the near future

Ministry of Commerce spokesperson Gao Feng said that the list of unreliable entities will be released in the near future and relevant procedures are currently being implemented.

Ministry of Commerce: Any new tariff measures by the United States will lead to an escalation of friction

Gao Feng said that although the United States will postpone the imposition of additional tariffs on some Chinese goods exported to the United States, any new tariff measures by the United States will unilaterally lead to an escalation of trade friction and seriously violate the consensus reached at the Osaka meeting between the heads of state of China and the United States. China is firmly opposed to this. If the United States insists on going its own way, China will have to take corresponding countermeasures. It is hoped that the United States and China will meet each other halfway and find a solution to the problem on the basis of equality and mutual respect. This will benefit not only China and the United States, but also the entire world.

Ministry of Commerce: If the United States implements new tariff increases, China will have to take corresponding countermeasures

Gao Feng said at a regular press conference that there are no winners in the trade war. We do not want to fight, are not afraid of fighting, and have to fight when necessary. If the United States implements new tariff increases, China will have to take corresponding countermeasures to resolutely defend the interests of the country and its people. He also said that since the phone call between the leaders of the two sides of the high-level economic and trade consultation between China and the United States on the evening of August 13, the economic and trade teams of both sides have been in communication.

Ministry of Commerce: Firmly Opposes the U.S.’s Use of State Power to Unreasonably Suppress Chinese Enterprises

At the press conference, in response to the recent announcement by the U.S. Department of Commerce to extend Huawei’s temporary license to purchase some U.S. products for another 90 days, but also to include 46 other Huawei subsidiaries in the export control entity list, Ministry of Commerce spokesperson Gao Feng said that China firmly opposes the U.S.’s use of state power to unreasonably suppress Chinese companies.

Ministry of Commerce Spokesperson Gao Feng: We have noticed the relevant extension measures by the United States and the new restrictive measures taken against Huawei. China firmly opposes the U.S.'s use of state power to unreasonably suppress Chinese companies on the grounds of national security. In many areas, Chinese and U.S. companies have formed an interdependent relationship in the industrial chain. It is the U.S. companies that will ultimately suffer losses when attacking Chinese companies. We hope that the U.S. will correct its wrong practices and treat Chinese companies fairly, justly and non-discriminatoryly. This will be beneficial to both companies and the security of global industrial and supply chains.

(Comprehensive People's Daily client, Xinhua Viewpoint Weibo, CCTV News)