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Published: 17:19, February 09, 2023 | Updated: 11:20, February 10, 2023
Beijing welcomes US treasury chief's willingness to visit China
By Xinhua
Published:17:19, February 09, 2023 Updated:11:20, February 10, 2023 By Xinhua

This undated file photo shows the Chinese National Flag and the US National Flag. (PHOTO /XINHUA)

BEIJING - China welcomes US Treasury Secretary Janet Yellen's willingness to visit the country, a spokesperson for the Ministry of Commerce said on Thursday.

Spokesperson Shu Jueting made the remarks at a press conference when commenting on media reports that Yellen has recently said she still hopes to visit China.

It is very important that the two sides maintain normal communications, Shu said, noting that Chinese Vice-Premier Liu He held constructive talks with Yellen over half a day in Switzerland last month.

It is very important that the two sides maintain normal communications, said spokesperson for the Ministry of Commerce Shu Jueting, noting that Chinese Vice-Premier Liu He held constructive talks with US Treasury Secretary Janet Yellen over half a day in Switzerland last month

When answering questions on the Biden administration's move to stop providing US companies with licences to export to Huawei, Shu said China has always opposed the United States' generalization of the concept of national security to impose unreasonable sanctions on and suppress Chinese companies in violation of market economy and international trade rules.

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Such moves jeopardized global technological innovation and industrial and supply chain stability, said the spokesperson, adding that China will resolutely defend the legitimate rights and interests of Chinese companies.

Regarding the US release of its "notorious markets" list, Shu said such a move is highly unprofessional and irresponsible, and China is firmly opposed to it.

She said the Chinese government attaches great importance to the protection of intellectual property rights, and is constantly improving its legislative system, improving the efficiency of law enforcement, guiding industry self-discipline, and resolutely punishing infringements in accordance with the law.

READ MORE: Ex-US treasury chief: Financial decoupling not in US interests

"China is willing to continue strengthening cooperation with other countries on the protection of intellectual property rights, and help create a fair business environment for global companies," Shu said.

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