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The US side should respect market economies and the principle of fair competition, abide global economic and trade rules and provide an open, fair and non-discriminatory business environment, Zhao said.

The United Nations Industrial Development Organization, the World Federation of Engineering Organizations, and seven other international organizations, as well as more than 800 tech firms from home and abroad, have confirmed their participation.

The United States' capricious way of policymaking and swinging "big sticks" for negotiations will do no good in solving problems and China has to take strong countermeasures, the Ministry of Commerce said Thursday.

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The UN headquarter in New York City. [Photo/Agencies]

The United States currently imposes a 2.5 percent tariff on imported passenger cars from the EU and a 25 percent tariff on imported pickup trucks. The EU imposes a 10 percent tariff on imported US cars.

The United States boycotted the Human Rights Council for three years under President George W. Bush before rejoining under Barack Obama in 2009.

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The US president tweeted the invitation earlier in the day, saying he would meet Kim at the DMZ just to shake hands and say "Hello."

The United Nations, Russia and France have voiced deep regrets over the US decision to quit the organization.

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The US backs the Saudi-led military campaign, of which the UAE is an active member, in Yemen to fight the Iran-backed Houthi rebels.

The UK and Europe have been advocates of trade liberalisation and firm supporters of the multilateral system of trade. The leaders of the UK, France and Germany have expressed their concerns over US protectionism and stressed that WTO rules should be the basis for solving trade disputes. This clearly points to shared interests for China and Europe in safeguarding the multilateral trade regime.