Chinese officials outlined a series of policy measures to stabilize the economy amid trade friction with the United States, putting more emphasis on domestic consumption, market diversification, services trade, and new investment.

Beijing unveiled ambitious plans last week, spearheaded by the Ministry of Commerce (MOFCOM), to accelerate market opening across services industries from telecommunications to financial services, in a bid to bolster growth and align with high-standard international trade rules.

As U.S.-China trade tensions rise, third countries may find themselves caught in the middle. China has warned against any third-country partnership with the U.S. that targets Chinese interests, while it also seeks enhanced cooperation and integration with other trading partners.

China has appointed Li Chenggang as its new lead trade negotiator, a move signaling a tactical recalibration not only in the context of deepening trade conflict with the United States, but also in light of emerging opportunities with other trading partners.

As bilateral trade tensions continue to rise, China's State Council published a White Paper highlighting the "mutual benefits" in bilateral relations and the harm of U.S. unilateral tariffs. It also attacked the U.S. implementation record of the Phase One Agreement, a deal signed between

In response to the Trump administration's latest wave of tariffs, Beijing is mobilizing a comprehensive response that spans government statements, diplomatic outreach to American businesses, and a focus on domestic resilience.

Today, Chinese Premier Li Qiang outlined an action plan for the government in his address to the National People's Congress. As part of the plan, he touched upon several trade and investment issues.