The high-level economic and trade talks between China and the United States have made substantial progress and reached important consensus.
From May 10 to 11, high-level economic and trade talks were held between China and the United States in Geneva, Switzerland. The Chinese delegation stated at a press conference that the two sides had in-depth exchanges on economic and trade issues of mutual concern.
The atmosphere of the talks was candid, in-depth, and constructive, achieving substantial progress and reaching important consensus. Both sides unanimously agreed to establish a China-U.S. economic and trade consultation mechanism, clarify the leaders of both sides, and carry out further consultations on the economic and trade issues of respective concerns.
Both China and the United States will finalize the relevant details as soon as possible and will issue a joint statement on the outcomes of the talks on May 12.
