2020年CRI Consensus reached by China, U.S. benefits the world economy: experts

 

Observers are suggesting that the consensus¹ reached by China and the United States this past weekend will benefit the world economy, but they still remain cautiously optimistic about further negotiations².

Leaders from China and the U.S. reached a consensus at a working dinner following the 13th G20 Summit in Buenos Aires, Argentina.

Both sides agreed to take measures to ease bilateral³ trade tensions and open markets to each other.

They also agreed not to impose new tariffs⁴, and working teams on both sides will step up negotiations toward the removal of all additional tariffs and reach a mutually-beneficial deal.

Principal researcher Zhang Yansheng of the China Center for International Economic Exchanges says the agreement will be good for the Chinese, American, and world economies.

"The trade war has severely⁶ harmed the U.S. economy. The U.S. automaker General Motors have decided⁷ to shut down several assembly plants. All walks of life in the U.S., especially consumers, have suffered from the trade war. As such, voice and actions in the U.S. opposing trade war are becoming increasingly stronger. For China, the trade war will also harm the Chinese enterprises," says Zhang.

Liang Ming, the director of the institute of international trade at the Chinese Academy of International Trade and Economic Cooperation, suggests the two countries' awareness⁸ of the trade war's harm, as well as the Chinese side's sincerity⁹ and principles, have contributed to the consensus.

"Leaders of the two countries played a constructive¹⁰ role in the negotiations. The two sides were aware of the impact brought by the trade war between them. China also put forward over 140 proposals, and responded to the concerns from the U.S. side. However, China did not compromise their principles when it came to its core interests," says Liang.

Liang Ming adds that China and the U.S. should further boost mutual⁵ trust, sort out some American people's misunderstandings of China, and adhere to mutually beneficial and win-win cooperation.

In terms of future negotiations, Zhang Yansheng says he's cautiously optimistic about the issue, and gives some proposals to solve problems.

"China and the U.S. can jointly¹¹ establish an inspection¹² and monitoring team, in order to investigate whether the two countries have infringed¹³ the intellectual property rights, whether they have limited technology transfer, and whether there are agricultural subsidies¹⁴ not conforming to international convention. Both sides should jointly correct the actions that do not follow the market principles," says Zhang.

The meeting between Chinese President Xi Jinping and the U.S. President Donald Trump¹⁵ on Saturday is the first meeting between them since Trump paid a state visit to China in November 2017.

1 consensus   

n.(意见等的)一致，一致同意，共识

参考例句：

• Can we reach a consensus on this issue?我们能在这个问题上取得一致意见吗？
• What is the consensus of opinion at the afternoon meeting?下午会议上一致的意见是什么？

2 negotiations   

协商( negotiation的名词复数 )； 谈判； 完成（难事）； 通过

参考例句：

• negotiations for a durable peace 为持久和平而进行的谈判
• Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。

3 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

4 tariffs   

关税制度； 关税( tariff的名词复数 )； 关税表； （旅馆或饭店等的）收费表； 量刑标准

参考例句：

• British industry was sheltered from foreign competition by protective tariffs. 保护性关税使英国工业免受国际竞争影响。
• The new tariffs have put a stranglehold on trade. 新的关税制对开展贸易极为不利。

5 mutual   

adj.相互的，彼此的；共同的，共有的

参考例句：

• We must pull together for mutual interest.我们必须为相互的利益而通力合作。
• Mutual interests tied us together.相互的利害关系把我们联系在一起。

6 severely   

adv.严格地；严厉地；非常恶劣地

参考例句：

• He was severely criticized and removed from his post.他受到了严厉的批评并且被撤了职。
• He is severely put down for his careless work.他因工作上的粗心大意而受到了严厉的批评。

7 decided   

adj.决定了的，坚决的；明显的，明确的

参考例句：

• This gave them a decided advantage over their opponents.这使他们比对手具有明显的优势。
• There is a decided difference between British and Chinese way of greeting.英国人和中国人打招呼的方式有很明显的区别。

8 awareness   

n.意识，觉悟，懂事，明智

参考例句：

• There is a general awareness that smoking is harmful.人们普遍认识到吸烟有害健康。
• Environmental awareness has increased over the years.这些年来人们的环境意识增强了。

9 sincerity   

n.真诚，诚意；真实

参考例句：

• His sincerity added much more authority to the story.他的真诚更增加了故事的说服力。
• He tried hard to satisfy me of his sincerity.他竭力让我了解他的诚意。

10 constructive   

adj.建设的，建设性的

参考例句：

• We welcome constructive criticism.我们乐意接受有建设性的批评。
• He is beginning to deal with his anger in a constructive way.他开始用建设性的方法处理自己的怒气。

11 jointly   

ad.联合地，共同地

参考例句：

• Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。
• She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。

12 inspection   

n.检查，审查，检阅

参考例句：

• On random inspection the meat was found to be bad.经抽查，发现肉变质了。
• The soldiers lined up for their daily inspection by their officers.士兵们列队接受军官的日常检阅。

13 infringed   

v.违反（规章等）( infringe的过去式和过去分词 )；侵犯（某人的权利）；侵害（某人的自由、权益等）

参考例句：

• Wherever the troops went, they never infringed on the people's interests. 大军过处，秋毫无犯。 来自《现代汉英综合大词典》
• He was arrested on a charge of having infringed the Election Law. 他因被指控触犯选举法而被拘捕。 来自《现代汉英综合大词典》

14 subsidies   

n.补贴，津贴，补助金( subsidy的名词复数 )

参考例句：

• European agriculture ministers failed to break the deadlock over farm subsidies. 欧洲各国农业部长在农业补贴问题上未能打破僵局。
• Agricultural subsidies absorb about half the EU's income. 农业补贴占去了欧盟收入的大约一半。 来自《简明英汉词典》

15 trump   

n.王牌，法宝；v.打出王牌，吹喇叭

参考例句：

• He was never able to trump up the courage to have a showdown.他始终鼓不起勇气摊牌。
• The coach saved his star player for a trump card.教练保留他的明星选手，作为他的王牌。