China on Wednesday said it "firmly opposes" the U.S. investigation into its maritime, logistics and shipbuilding industries."By launching a new Section 301 investigation, the U.S. is making a mistake on top of a mistake," said China's ministry of commerce on Wednesday.
"In fact, the development of China's industries is the result of companies' technological innovation and active participation in market competition," the Chinese ministry said.into China's maritime, logistics and shipbuilding industries, alleging that Beijing used "unfair, non-market policies and practices" to dominate these sectors. Under the Trade Act of 1974, Section 301 seeks to address unfair foreign government practices impacting U.S. commerce.
Beijing called on the U.S. to "respect multilateral rules" and vowed to "take all necessary steps to resolutely defend its rights and interests."The investigation comes as five national labor unions launched a petition on March 12 requesting the U.S. to probe the policies and practices of China's maritime, logistics, and shipbuilding sectors.