rnment imposed

The diversification of China's internati▓onal markets has increased the a

restrictions on

bility of its econo▓my to weather risks. The global industrial chain, which▓ was structured according to the demands of all countries and to the law

trade with the Chines

s of the market economy, is something the United States is incapable of dismembering.In the meantime, the annual average contribut▓ion of domestic

e tech firm. These i

demand to GDP growth surpassed 100 percent between 2008 and 2017, and domestic demand has become the driving force for China's economic development.

Moreover, China's d

nclude Japan's Panas

ependence on foreign trade has fallen to a▓round 33 percent. This indicates that a more powerful home market is coming into being as China pushes ahead with supply side structural reforms amid increasing▓ly strong demand. This in turn facilitates the country's industrial upgrading and helps to improve the ▓competitiveness of

Chinese enterprises.No sensible entrepr▓eneur would belittle China's huge con▓sumer market. The country also boasts some 1

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10 million bu▓sinesse

onic and Toshiba, as

s, including more than 34 million enterprises▓, which are themselves major consumers. Tak▓en together, these two forces of consumption provide a lot of room for high-qu▓ality domestic development at a time when the country faces external challenges.Whereas China's dep▓endence on foreign trade has been decreasing, the depende

nce of the United States on international ma▓rkets remains quite high. China's market was consuming 60 percent of the soy

well as B

beans grown in the United States, until the Unite▓d States government h

n he was i

all in soybean exports to China. American f▓armers are turning to countri

om Washin▓gton, o

ther promote reform and opening up, strengthen economic growth momentu

85

me the nex

95

t target of

80

the United Sta

90

tes?To s

uppress Chin

a, the Uni

ship."We should deepen

ted Stat

the reform of the education system, support e

es is us

nterprises and s

ing tariffs ▓to w

ocial f▓orces in running voca

age a trade wa

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