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Beijing, March 14: U.S. President Biden posted on social media saying that he would study petitions from several trade union organizations against China’s subsidies to shipyards. In response, He Yadong, spokesman of the Ministry of Commerce, said on the 14th that China firmly opposes unilateral trade protectionism that ignores WTO rules.
At a regular press conference held by the Ministry of Commerce on the same day, He Yadong said that the accusations made by relevant US organizations against China are completely untenable. Several reports have pointed out that the main reason for the decline of the U.S. shipbuilding industry is over-protection. The development of China’s shipbuilding industry benefits from enterprises strengthening scientific and technological innovation and accelerating high-end, intelligent and green development. The United States blames China for its own industrial development problems, which lacks factual basis.
What I want to emphasize is that the US Section 301 is a typical unilateralist measure that violates the basic principles of the WTO and blatantly ignores and undermines multilateral rules. The previous Section 301 measures taken by the United States against China have been ruled to violate WTO rules. He Yadong said that he hopes the United States will make prudent decisions and not repeat the same mistakes. China will pay close attention to relevant progress, take all necessary measures, and resolutely defend its legitimate rights and interests.