Skip to Content Facebook Feature Image

China opposes any tariff deal made at its expense: commerce ministry

China

China

China

China opposes any tariff deal made at its expense: commerce ministry

2025-06-28 21:57 Last Updated At:06-29 15:57

China firmly opposes any country making trade deals with the United States at the expense of Chinese interests in exchange for so-called "tariff relief," a spokesperson for the Ministry of Commerce said on Saturday.

"If such a situation arises, China will not accept it and will take resolute countermeasures to safeguard its legitimate rights and interests," said the spokesperson, responding to a media query about recent U.S. trade talks with other economies.

"Since April, the United States has been pushing so-called 'reciprocal tariffs' on its trade partners. This is a typical act of unilateral bullying that seriously undermines the multilateral trading system and disrupts the normal international trade order," the spokesperson said, adding that China has consistently and firmly opposed such practices.

The spokesperson said that China welcomes efforts by other countries to resolve trade differences with the United States through consultations on equal footing, and urges all sides to uphold fairness and justice, remain on the right side of history, and resolutely defend international economic and trade rules as well as the multilateral trading system.

"It is proven that only by firmly defending its principle and position can a country truly protect its legitimate rights," the spokesperson said.

China opposes any tariff deal made at its expense: commerce ministry

China opposes any tariff deal made at its expense: commerce ministry

China opposes any tariff deal made at its expense: commerce ministry

China opposes any tariff deal made at its expense: commerce ministry

China's movie industry is increasingly deriving its earnings from broader consumer economy.

Released during the 2025 summer season, the film "Nobody" became China's highest-grossing two-dimensional animated film -- and its success went beyond theaters.

Through licensing and brand partnerships, the movie has generated 2.5 billion yuan (about 358.3 million U.S. dollars) in retail sales to consumers, with more than 800 licensed products on the market.

Ranging from plush toys to food and home goods, the movie-related merchandise can be purchased from over 3,000 online and offline outlets.

Meanwhile, souvenir stores are crowded at Shanghai Disneyland's Zootopia themed land, with hats, plush toys, and collectibles seeing steady demand from visitors.

"China's film industry is no longer defined by box office revenue alone. It has become a new growth engine that links and energizes multiple cultural sectors. At the heart of every successful film is strong storytelling. High-quality productions create cultural value, which in turn enhances the commercial value of intellectual property and opens up new consumption opportunities. I believe China's film industry delivered an outstanding performance in the past year," said Chen Xiaoda, vice dean of Shanghai Vancouver Film School.

Film IP fuels expansion of consumer market

Film IP fuels expansion of consumer market

Recommended Articles