The high-level China-U.S. economic and trade talks will be held from May 10 to 11 in Geneva, Switzerland. The Chinese head of delegation for the China-U.S. economic and trade talks stated at a press conference held by the Chinese delegation on the evening of the 11th local time that the talks were candid, in-depth, and constructive, achieving important consensus and making substantial progress. Both sides agreed to establish a China-U.S. economic and trade consultation mechanism. The Chinese and U.S. sides will finalize relevant details as soon as possible and will issue a joint statement summarizing the talks on May 12.