According to Xinhua, the white paper, which published at 1 p.m. local time, contain “facts and China’s position” on the trade frictions without elaborating further.
The latest U.S. and Chinese tariffs on each other’s goods took effect at 12noon 24th Sept Beijing time.
The white paper said the two countries are at different stages of development and have different economic systems, and therefore some level of trade friction is only natural. "The key, however, lies in how to enhance mutual trust, promote cooperation, and manage differences."
See Cantonese report for more details.
