And the United States should cancel unreasonable tariffs as soon as possible to eliminate negative assets that affect Sino-US relations.

　　Recently, Vice President Han Zheng, Foreign Minister Wang Yi and Pan Gongsheng, Governor of the People’s Bank of China and Director of the State Administration of Foreign Exchange, met with Paulson, former US Treasury Secretary and chairman of the Paulson Foundation, respectively, demonstrating China’s sincerity in improving Sino-US relations. Washington should reduce provocation, take measures and respond positively to the goodwill released by Beijing.

　　It is in the common interest of both sides to stabilize Sino-US relations. China and the United States are seeking cooperation in areas where there is no direct conflict of interest, such as climate change, and strengthening communication when they cannot be decoupled from each other. Climate change is one of the areas where the two sides can maintain exchanges at present, so that the relationship between the two countries can withstand the test of the dispute storm. However, once a conflict breaks out, all these efforts will be wasted.

　　Therefore, Washington should reduce provocation, take measures, move in the opposite direction with China, and jointly push Sino-US relations back to a healthy and stable track. For example, the United States should cancel the punitive tariffs against China initiated in July 2018 as soon as possible, and remove China enterprises from its list of so-called entities.

　　Regrettably, however, the United States added 11 China enterprises to its export control list on the grounds of "national security" on Monday.

　　It is not in the interests of the two peoples, the expectations of the international community and the development trend of the times for Sino-US relations to fall into a trough. China’s policy toward the United States is stable and continuous. It is hoped that the US policy toward China will return to a rational and pragmatic track, take concrete actions, lengthen the positive list and narrow the negative list, and work with China to explore ways for the two great powers of China and the United States to coexist peacefully.

　　Biden’s government should realize that neither the tariff war initiated by its predecessor nor the list of entities it continues to extend is the right way to handle the relations between the two countries. Both are negative assets for Washington, not strategic assets. It is time for Biden’s administration to eliminate these unreasonable burdens in Sino-US relations.