"There are no winners in a trade war, and it would bring disaster to our two countries as well as the rest of the world", Minister of Commerce Zhong Shan said at a briefing on the sidelines of China's annual parliamentary session.
Beijing and Washington have agreed to hold talks in Beijing in the near future to discuss economic and trade matters.
Liu He, a senior Chinese economic and financial official met with USA officials earlier this month and they have agreed that the two countries should settle their trade disputes by cooperation rather than confrontation.
Zhong said China has the ability to deal with "any kind of challenges" and the country will "decisively" protect the interests of the state and its people.
China Minister Says Trade War Would Bring 'Disaster' to World
USA control of high-tech exports to China also contributed to bilateral trade imbalance, Zhong said, quoting one US research report which estimated a 35-percent fall in trade deficit with China if the United States relaxed export restrictions.
Fears of a trade war between the world's No. 1 and No. 2 economies heightened last week after US President Donald Trump signed an order imposing a 25 per cent tariff on imported steel, and 10 per cent on imported aluminium.
China will provide support for participants and exempt least-developed countries from the exhibition fee, he said.
This could be further cut by 35 per cent if the USA lifts the ban on high-tech exports to China, he added.
Nick Gordon Arrested For Domestic Violence
In fact, Gordon lost a wrongful death suit and is on the hook for $36 million to Bobbi Kristina's estate. According to police documents, Gordon said he was attacked by the woman, whom he referred to as "crazy".
Trade tensions between China and United States have risen since Trump took office.
It is "important" to resolve the bilateral trade dispute through dialogue and to deepen economic cooperation between China and the United States, Zhong said.
As China's exports surged in February its monthly surplus with the U.S. widened from a year earlier to $20.96 billion, according to data from the customs bureau.
"We are still in talks, and we are sure that both sides will keep talking for the next step", he said.
Shiffrin slaloms to record 42nd FIS Alpine World Cup win in Ofterschwang
Friday's result stretched Rebenburg's lead over Shiffrin to 101 points, leaving the American out of contention for the GS title. The 22-year-old secured back-to-back crystal globes following giant slalom gold at the Pyeongchang Olympics last month.
"We want to cooperate with Japan further" in advancing the Chinese project, Zhong said.
Trump has called the tariffs a matter of national security while threatening to tax European vehicle imports and impose "reciprocal taxes" on countries that charge higher duties on U.S. goods than the United States now charges on their products.
China has threatened to retaliate against increased trade barriers in the past but has yet to announce any new measures in response to Trump's tariffs.
Seahawks to release star cornerback Richard Sherman
Condotta says that the team was interested in trying to get Sherman to agree to a pay cut but that he "balked" at such a proposal. Sherman expects to be ready for the regular season but could be limit in August for training camp and parts of the preseason.