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The statement was made in the light of the yet another round of US-Chinese trade talks, which began on Saturday and continued through Sunday.

China has threatened to dash any trade agreements struck with the United States in recent weeks if President Donald Trump moves ahead with his threat to level tariff hikes against Chinese goods.

After talks between Vice Premier Liu He and US Commerce Secretary Wilbur Ross, China said it was ready to boost imports from many countries.

A statement released by the Chinese side at the talks with the U.S. in Beijing said nothing specific about the outcome, and referred back to an agreement reached in Washington last month to increase purchase of United States goods and services. China is attempted to portray itself as defending free trade and global trading rules, although that stance is belied by China's high tariffs, subsidized exports, state-control of business, and onerous restrictions on foreign companies looking to access the Chinese market.

The visit comes as fears of an all-out global trade war intensified after the European Union, Canada and Mexico drew up retaliatory measures to Washington's stinging steel and aluminium tariffs that came into effect on Friday.

Trump also has threatened to raise tariffs on an additional US$100 billion of Chinese goods, but gave no indication this week whether that would go ahead.

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"That's a relationship with China that structurally has to change", he said.

Media captionWhat are the contentious issues around US-China trade? "But we're also standing firm that the president is the leader on this". China has targeted $50 billion in USA products in retaliation.

U.S. tensions with China had eased after Beijing promised on May 19 to "significantly increase" purchases of farm goods, energy and other products and services following the last round of talks in Washington. It said the White House also would impose curbs on Chinese investment and purchases of USA high-tech goods and on visas for Chinese students.

China will also open its financial services market to foreign companies, and lift foreign ownership restrictions on electric vehicle manufacturers, prompting Tesla to register a company in Shanghai last month. Critics say that the deal risks making the US a supplier of raw materials to fuel China's expansion and plans to dominate high-tech manufacturing.

"China is willing to increase imports from all countries in the world including the United States", the statement said.

Although the Chinese refused to agree to specific numerical targets that the Trump administration officials sought, the agreement to a broad framework to increase USA exports to China was enough to prompt Treasury Secretary Steven Mnuchin to announce that a truce in the "trade war".

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Last week, the Trump administration then announced it would roll out duties on Chinese imports worth $50 billion, mainly from the technology sector.

The warning came after the latest round of trade talks ended inconclusively in Beijing.

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The U.S. team had also wanted to secure greater intellectual property protection and an end to Chinese subsidies that have contributed to overproduction of steel and aluminum.

"The idea that we are somehow a national security threat to the United States is quite frankly insulting and unacceptable", he said.

French Finance Minister Bruno Le Maire compared Washington's action to something out of the old "Wild West".

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Trade analysts had warned Ross's hand might be weakened if the Trump administration alienated allies who share complaints about Chinese technology policy and a flood of low-cost steel, aluminum and other exports.


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