According to CCTV news reports, President Xi Jinping should have an ordinary telephone call with US President Trang on May 8.
Xi Jinping pointed out that at present, the development of Sino-US relations is at an important stage. Economic and trade cooperation has always been the ballast stone and propeller of Sino-US relations. Last week, China and the United States conducted frank, efficient and constructive consultations on economic and trade issues in Beijing. The teams on both sides can maintain communication and strive to find a solution to the problem in order to achieve mutually beneficial and win-win results.
Trump said that the US attaches great importance to US-China relations and I look forward to maintaining close ties with President Xi Jinping. The United States is willing to work together with China to strengthen pragmatic cooperation in various fields, properly handle economic and trade issues, and promote greater development of US-China relations for the benefit of the two peoples.
The top leaders of China and the United States have once again communicated and negotiated trade issues between the two sides. This means that the Sino-US trade friction that has continued for many days is slowly returning to rationality and entering the correct track of negotiations to solve problems. This will undoubtedly increase the possibility of solving the ZTE problem on the premise of being consistent with the national strategy.
A two-pronged approach to solving problems in the shortest possible timeOn May 3-4, the China-US trade consultation was held in Beijing. The Chinese and American delegations conducted frank, efficient and constructive discussions on Sino-US economic and trade issues in two days. Since then, a spokesman for the Ministry of Commerce said that the Chinese side has strictly followed the US side on the ZTE case. The US side stated that it attaches importance to Chinese negotiations and will report to the US President on China's position.
Although the Sino-US consultation has not made substantial progress for the time being, it has undoubtedly released a positive signal to ZTE's problem solving. In this incident, the Chinese government firmly supports Chinese enterprises and actively defends the rights and interests of enterprise development. This has undoubtedly given ZTE a reassurance, and ZTE has previously said that as a global company that has grown up in China, it will always adhere to the national strategy and adhere to the initiative of the Chinese government to promote the issue as soon as possible. solve.
At the same time, ZTE actively promoted incident resolution through its own efforts, hired a third-party law firm to investigate the incident, actively communicated with relevant departments of the US government, and submitted an application for suspension of the refusal order to BIS in a legal and compliant manner. Submit supplemental materials in accordance with BIS guidelines and do their utmost to protect their legal rights.
Under the background of the Sino-US trade war entering a new stage of negotiations, the government and enterprises have actively promoted the two-pronged approach, and the incident is expected to be resolved quickly.
ZTE always insists on compliance as the cornerstone of enterprise developmentAs one of the Chinese companies with the most overseas business expansion and the closest integration with international rules, ZTE has never taken the lead in compliance with export regulations in recent years. Since April 2016, ZTE has attached great importance to export control compliance and has achieved a series of results, including the establishment of a compliance management committee; the formation of a team of senior export control compliance experts covering the world; and the introduction of a number of consultants to provide professional guidance. Establish and optimize ZTE's export control compliance management structure, systems and processes; introduce and implement SAP Trade Compliance Control Tools (GTS); organize employees to conduct compliance training; and cooperate with the independent compliance ombudsman to carry out various regulatory tasks; And continue to invest in export control compliance work.
In 2017, ZTE invested more than US$50 million in compliance, including organizing compliance training for more than 65,000 employees, fully cooperating with the supervision of the US-designated Independent Compliance Officer, and providing more than 130,000 pages of documents. And plans to invest more resources in 2018. ZTE's great achievements in compliance have once again proved that ZTE is a core competitive enterprise and a company that meets the international first-class export control compliance standards.
The spirit of contract and the spirit of "abandoning the contract"At the beginning of the “Deny of Rejection†by ZTE, the US Department of Commerce discussed the “contractual spirit†on the Internet. But what is known as the neglect is that the United States has never been a country that abides by the spirit of the contract. Far from saying that, after the Trump administration took office, it has withdrawn many important agreements or organizations such as “TPPâ€, “Global Immigration Agreement†and “Paris Climate Agreementâ€. On May 8, the United States unilaterally announced the withdrawal of the "Iranian Nuclear Agreement" negotiated by the six major countries over a decade, causing tensions in the region. Britain, France, Germany, Japan and other countries have expressed regret over this and accused the United States of this irresponsible "abandonment" behavior. It can be seen that the so-called "contractual spirit" of the United States is mainly used to restrain others.
Trade protectionism has no soil for developmentAs William Blair analyst Dmitry NeTIs said, “There are other or bigger reasons behind the ban, but the new action seems too harsh.†Many domestic industry insiders also pointed out that this is obviously a sin. Resignation, at the critical juncture of the Sino-US trade war, the United States has such a hand, which means self-evident.
Recently, the United States has launched a trade protectionist dispute around the world. While ZTE has been hurt, many US-related companies have also been affected to varying degrees. As the negative impact of the United States launching trade disputes is growing, so does the voice of opposition. Oxford Economics (Oxford Economics) reviewed seven major trade conflicts over the past 150 years in its latest report, History Proving Trump Trade War, and noted that trade protectionism has not developed soil since 1995. After the establishment of the World Trade Organization (WTO), trade protectionism proved to be a flaw in protecting a country's domestic industry. A large amount of data analysis can prove that trade protectionism is not conducive to the long-term development of these industries, and the results often lead to Trade turned to unaffected countries and generated trade transfers, which also affected the trade transfer of related intermediate products, and ultimately promoted the competitiveness of foreign manufacturers, and ultimately reduced the competitiveness of domestic producers.
This is indeed the case. The EIU report pointed out that although the Trump administration has abandoned the multilateral trading mechanism, the rest of the world has not followed its footsteps. On the contrary, economies including China, the European Union and Japan will have the opportunity to participate in the formulation of trade principles. On May 2, ARM China, a 51% shareholder of Chinese investors, was announced. According to the latest report of the Nihon Keizai Shimbun, Softbank sold 51% of ARM China's shares to China in order to prevent the US government's technical blockade. The contract specifically stipulates that the shares of ARM China may not be sold to US companies in the future. Some industry commentators believe that the future non-US high-tech companies may consider blocking the US stocks to avoid being affected by the trade war.
It can be seen that the trade disputes initiated by the US government not only cause substantial harm to its domestic enterprises, but also greatly reduce the image of its government. From then on, the loss of trust from other countries and enterprises can be described as not worth the candle.
The communications industry needs ZTE's returnZTE has been paying attention to the international market since 1995. The development of more than 20 years has made ZTE the world's fourth largest communications equipment supplier with 13% market share. Become a leader in mobile, data, optical communications, 3G, NGN and many other fields. In the 4G sector, as of the end of 2017, ZTE has entered 80% of countries that have invested in 4G networks. ZTE's 4G products have been awarded the global “Leader†rating by Gartner and GlobalData, the world's leading consulting organizations. In the field of 4G evolution, ZTE won the Oscar Double Award in the global mobile industry with its original Pre5G products and successfully promoted it globally. In the field of 5G, the global mobile operator organization GSMA believes that China's 5G industry chain is very strong and is the de facto leader of the 5G industry. As the core representative of China's 5G strategy, ZTE has more technology, standards, markets and industries. The dimensions are in a leading position.
It is not difficult to see that ZTE's position in the global communications industry is very important. The US activation refusal will not only bring huge damage to ZTE, but also bring direct benefits to thousands of partners and customers including US companies. hurt. The first and foremost is the telecom operators in major countries. A large number of ZTE base station equipment in the network will be affected. In addition, ZTE has a lot of 4G and 5G patents. At present, ZTE has more than 815 4G patents, accounting for more than 13% of the world; although the standard is undetermined in 5G, it can be expected that ZTE's global share will exceed 4G. Since the terminal products bypass the communication technology patents, most terminal manufacturers may face potential patent cross-licensing issues in their future operations.
On the other hand, industry organizations such as GSMA and market consulting organizations such as Ovum believe that China will be the world's largest 5G market, and is also very optimistic about the development of China's 5G ecosystem, including the strong investment of 5G by domestic communication manufacturers including ZTE. The crucial role has also greatly promoted the maturity of the ecological chain. The great stick of the US refusal order will inevitably hurt China's 5G ecology and affect the world's 5G layout.
The China Gold report said that if the US export ban on ZTE could not be settled within 1-2 months, it would affect the normal production and sales of communications equipment and mobile phones, and bring certain network construction to the current global carrier network. Impact and may affect the advancement of the future 5G network. Wang Lei, an associate researcher at the Intellectual Property Development Research Center of the State Intellectual Property Office, pointed out that if ZTE collapses, it will probably bring a huge Domino effect to China.
Not only the development of China's telecommunications industry requires ZTE, but the development of the world's telecommunications industry is also inseparable from ZTE. The return of ZTE can also be said to be expected.
On May 8, according to Reuters, the White House said that China will travel to Washington to continue trade negotiations next week, and the two sides are committed to achieving mutually beneficial results. In response, a Chinese Ministry of Commerce spokesman said on May 9 that the Chinese side has received a letter from the US Treasury Secretary, Mr. Mnuchin, officially inviting President Xi Jinping, special envoy of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council, and the China-US Comprehensive Economic Dialogue. Liu He visited the United States and continued consultations on bilateral economic and trade issues. The Chinese side has accepted the invitation and agreed to go to the United States for consultations at an appropriate time. The working teams of both sides are maintaining close communication.
China and the United States once again conveyed a positive signal to solve the problem through rational negotiations. This is undoubtedly good news for ZTE, a company with a wave of Sino-US trade disputes. As Chairman Mao said in the "Enduring War", the final victory is often in the effort to continue. It is believed that under the firm confidence of the state to safeguard the interests of Chinese enterprises, the ZTE issue will be resolved as soon as possible.
16 Port Usb Charger,16 Port Powered Usb Hub,200W High Poer Charger,Multiple Usb Desktop Chargers
shenzhen ns-idae technology co.,ltd , https://www.szbestchargers.com