China firmly opposes U.S. tariff hikes on Chinese goods: commerce ministry

China is strongly dissatisfied with and firmly opposes U.S. abuse of Section 301 to hike tariffs on some Chinese goods, the Ministry of Commerce said Saturday.

The Office of the United States Trade Representative on Friday announced final modifications concerning the statutory review of the tariff actions toward China under Section 301.

China has repeatedly lodged solemn representations with the U.S. side concerning the Section 301 tariffs, said a spokesperson for the ministry.

The World Trade Organization (WTO) has already ruled that the Section 301 tariffs violate WTO rules. However, instead of rectifying its wrongdoings, the U.S. side further increases tariffs on Chinese products, adding one mistake to another, said the spokesperson.

The move is a typical practice of unilateralism and trade protectionism, said the spokesperson, adding that it seriously undermines the international trade order, as well as the security and stability of global industrial and supply chains.

Moreover, the move not only fails to solve the United States' own problems concerning trade deficits and industrial competitiveness, but also pushes up prices of U.S. imports and forces U.S. companies and consumers to bear the additional costs.

The 2024 Report on WTO Compliance of the United States, which was released Thursday by the ministry, once again expressed serious concern over the U.S. abuse of Section 301, and pointed out that the United States is a "disrupter of global industrial and supply chains."

The U.S. side had previously sought public opinions on the results of the Section 301 tariff review. The majority of opinions either opposed the imposition of additional tariffs or requested broader tariff exemptions.

This shows the Section 301 tariffs are unpopular among the U.S. public, said the spokesperson.

The United States should rectify its wrongdoings immediately and remove all additional tariffs on Chinese goods, the spokesperson said, adding that China will take necessary measures to firmly safeguard the interests of Chinese enterprises.

China firmly opposes U.S. tariff hikes on Chinese goods: commerce ministry

China firmly opposes U.S. tariff hikes on Chinese goods: commerce ministry

China firmly opposes U.S. tariff hikes on Chinese goods: commerce ministry

China firmly opposes U.S. tariff hikes on Chinese goods: commerce ministry

China firmly opposes U.S. tariff hikes on Chinese goods: commerce ministry

Macao has been emerging as a global hub for conventions and exhibitions in recent years by exploring the enormous opportunities in the sector, driving the region to advance its economic diversification and embrace a brighter future.

Macao has received many awards this year, such as the Best Convention City (Asia) and the Best BT-MICE City, showcasing the recognition for and influence of Macao's exhibition industry.

More than 1,000 electronic game enthusiasts from all over the world gathered recently in Macao to participate in a esports themed event.

Su Zhili, organizer of the event, said that Macao's rich experience in hosting large-scale events, coupled with its good infrastructure, has driven him to choose the region as an ideal destination to hold such an activity.

"Macao has held many similar large-scale events. It has rich experience, and the facilities at the venue are relatively mature, so we can start our work comfortably," said Su.

During the first three quarters of 2024, Macao held more than 1,000 conferences and exhibitions in total.

"We will invite more professional, special conferences to be held in Macao and also cultivate more exhibition brands with international influence in Macao, so as to promote Macao's exhibitions to be more market-oriented, professional, international, digital and greener from various aspects. This is our goal," said Elaine Wong, member of the Macao Commerce and Investment Promotion Institute.

In addition, multiple large exhibitions and conferences, such as the Macao International Trade and Investment fair, the Macao Franchise Expo, and the International Infrastructure Investment and Construction Forum, are held regularly in Macao.

With the introduction of a series of policies and measures to facilitate the exchanges between the mainland and Macao, as well as the construction and development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Macao's convention and exhibition industry will embrace more opportunities for development in the foreseeable future.

"We have such a good industrial base in the Greater Bay Area. The mode of 'Convention and Exhibition + Industry' not only integrates the industries of Macao, but also the industries of the Greater Bay Area. In addition, Macao actively integrates into the national development and plays a role in the Belt and Road. Why are we so confident in Macao's convention and exhibition sector? Because it is backed by the motherland, and the country gives Macao great support," said Alan Ho, chairman of the Macao Association of Convention, Exhibition and Tourism Sectors.

Macao emerges as global hub for conventions and exhibitions, driving economic diversification and international recognition