China is willing to increase imports from the United States and resume human
rights dialogue with the US side, Foreign Minister Yang Jiechi said yesterday.
"China is ready to hold human rights dialogue with the US side on the basis
of equality and mutual respect," Yang said.
Yang's remarks came in the wake of a US government annual report on human
rights across the world, which is critical of China.
"But we are strongly opposed to the practices of clinging to the Cold War
mentality, drawing lines according to ideology, launching confrontation and
exercising double standards on human rights issues, and interfering in China's
domestic affairs in the name of human rights," he said.
Yang said trade and economic cooperation benefit both sides, and the trade
imbalance can be attributable to economic globalization on the one hand and the
trade structure on the other.
China has been a favored destination for international investment. Some 60
percent of China's exports to the US are produced by foreign companies or
Chinese-foreign joint ventures.
"Many of them are US companies," Yang said.
While China has surplus in commodity trade, the US side enjoys surplus in
service trade, said Yang.
He emphasized that "the United States' strict limitation on high-tech export
to China is a major reason for China's surplus and the US deficit in China-US
trade."
China is willing to increase imports from the US.