The high-level China-U.S. economic and trade talks will be held in Geneva, Switzerland, from May 10 to 11. The Chinese head of the economic and trade delegation and Vice Premier of the State Council stated at a press conference held by the Chinese delegation that the high-level talks were candid, in-depth, and constructive, reaching important consensus and achieving substantial progress. Both sides agreed to establish a China-U.S. economic and trade consultation mechanism. The two sides will finalize the relevant details as soon as possible and will release the joint statement reached during the talks on May 12.