He WeiwenAdviser to International Commerce Newspaper of Ministry of Commerce and Director of International Trading Exchange Center.
Expertise : Macroeconomy; China's Enterprises
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He Weiwen is currently senior fellow of Chongyang Institute for Financial Studies, Renmin University of China (RDCY) and Vice Chairman of Global Alliance of SMEs. He worked as Economic and Commercial Counselor, Chinese Consulates General in San Francisco and New York in 1997-2003. Before that, he served as secretary general of China International Economic Information Center and its representative to European Office (Cologne, Germany). Prior his above career, he was assistant research fellow and deputy division chief at the Research Institute of International Trade, Ministry of Foreign Trade and later Ministry of Foreign Economic Relations and Trade, and served as a UN employee at UNCTAD V in 1979. Bachelor in international trade economics at University of International Business and Economics in 1967, and certificate of senior management training, Harvard Business School in 1995. He is the author of 3 books: Chamber of Commerce, Across the Pacific, Succeed in America, and over 200 articles.
He Weiwen: America is Yielding China Trade to ASEAN and EU
Official Chinese customs data for H1 2019 shows that the U.S. was replaced by ASEAN as China’s second largest trading partner. The predominance of Asia and Europe in China’s global trade pattern does not mean that China neglects trade with the U.S. On the contrary, China attaches great importance to a strong, stable, and sustainable trade relationship with the U.S. The early conclusion of an equal and mutually beneficial trade deal will certainly be good for the U.S., for China, and for the whole world....2019-10-21
Expert on 'substantial progress' of China-U.S. trade talks
Negotiators say "substantial progress" has been made after two days of trade talks between China and the United States. They discussed agriculture, intellectual property and expanding trade and technology transfers. Chinese President Xi Jinping said a healthy and steady relationship is good for both countries and the world. And U.S. President Donald Trump gave "tremendous credit" to China for the progress in talks. The two sides also agreed to work towards a final agreement. ...2019-10-16
China responds to US goodwill gesture with purchase of farm goods
China has moved swiftly in responding to the latest goodwill gesture from the US by encouraging Chinese companies to buy a "certain amount of" US soybeans, pork and other products, as part of an effort by both sides to create positive vibes for ongoing trade negotiations. While the exchange of goodwill gestures injects fresh momentum into the talks, uncertainty remains about whether the two economic powers can reach a deal in upcoming meetings and end the costly trade war. The ball is in Washington's court, Chinese analysts noted on Wednesday....2019-09-29
He Weiwen: Can China weather a long trade war?
A couple of good gestures from both China and the United States over the past week, along with the imminent resumption talks, have given the world stock markets a strong boost. The market regards the moves as a silver lining in the protracted trade war between the world’s two largest economies. The U.S. tariffs on Chinese goods and China’s counter-tariffs on U.S. goods have covered virtually all goods in the countries’ bilateral trade regime. Direct harm and indirect uncertainties for both economies, and even the global economy, have been developing....2019-09-19
China, US mid-level talks another positive sign, bring 'fresh air'
China announced on Tuesday that it would send a delegation led by Vice Finance Minister Liao Min to the US for trade talks at the invitation of Washington, another move that analysts say sends positive signals ahead of high-level negotiations planned for October. At the invitation of the US, Liao will lead a delegation to Washington on Wednesday for a preparatory meeting with the US side ahead of the 13th round of bilateral trade talks, set for October, the Chinese Ministry of Commerce (MOFCOM) said in a statement on Tuesday. ...2019-09-18
Spearheading a Significant Push: Shenzhen gears up to be a new socialist powerhouse
After piloting China's economic development for almost 40 years, Shenzhen in south China's Guangdong Province is mapping out its new task as a pilot demonstration area of socialism with Chinese characteristics, according to a document released by the Communist Party of China (CPC) Central Committee and the State Council on August 18. One of the first special economic zones in China in 1980, Shenzhen has made remarkable progress and developed from a small fishing village to one of the top four megacities in the country. The new plan symbolizes the start of the next chapter in the city's future glory....2019-08-29
He Weiwen: US threat to WTO won't get it anywhere
The US leader signed a memorandum on July 26, directing the Office of the United States Trade Representative to stop treating "advanced economies" such as China as developing countries according to the World Trade Organization's rules, and urging the WTO to change its definition for developing country within 90 days. But since major reforms to the WTO require consensus (in effect unanimity) among all members, the world trade body cannot change the definition, even if it wants to....2019-08-26
He Weiwen: Why the U.S.’s 90 day ultimatum to the WTO will get it nowhere
U.S. President Donald Trump issued a White House Memorandum (hereafter referred as the Memo) on July 26, on reforming the WTO’s developing economy status. The Memo set a 90-day ultimatum to the WTO to change the developing economy status of several WTO members, including China. If the WTO fails to meet the deadline, the U.S. says it will act unilaterally. The Memo, harsh in wording, was in fact neglected in the WTO and refuted immediately by China....2019-08-09
"2016: G20 and China"
This book from the "history" of the G20's past and present, a comprehensive discussion of the G20's origin and role, agenda,
The Trump administration has imposed a 25-percent tariff on 818 import items worth 34 billion US dollars from China on Friday. China immediately retaliated by imposing a levy of the same scale, placing a 25-percent tariff on the same volume (34 billion US dollars) of imports from the US. The Chinese Ministry of Commerce said in a statement that the US has started the "largest trade war in economic history." The trade volume immediately dwarfed the similar US tariff wars with Canada and the EU.