He Yadong: Successes of the 8th circular of US-China economical and Trade talks

Information Agency: It completed the 8th circular of economical and trade talks, held at the end of September 2026, between the teams of the United States of America and the People's Republic of China, conducted in fresh York and Washington. An agreement was reached on the basis of a gathering of the leaders of both countries, on topics concerning the economy and trade. He Yadong (何亚东) – a press spokesperson for the Ministry of Commerce of the People's Republic of China made a comment on the result of these talks.

He Yadong (何亚东) – Press spokesperson of the Ministry of Commerce of the People's Republic of China referred to the course and results of the 8th circular of economical and trade consultations between the United States of America and the People's Republic of China. He informed among others about reaching consensus on many key issues, including the establishment of a peculiar Trade Council, an Investment Council, an agricultural working group and the first always bilateral dialog on artificial intelligence (AI).

Intense Conversations Donald Trump and Xi Jinping

In 2026, meetings had already been held two-fold Donald Trump – president of the United States of America of Xi Jinping – The president of the People's Republic of China, but 2 more meetings are announced this year: leaders on APEC Summit (acronim from the English name Asia-Pacific economical Co-operation, South Asian Pacific economical Community), in Shenzhen on 18-19 November 2026 year and during G20 Summit (the most crucial global forum for economical and financial cooperation involving representatives of the world's largest economies and 2 regional organisations: European Union and African Union) which will take place days 14-15 December 2026 of the year, at Trump National Doral Miami, Miami, Florida, United States of America.

He Yadong – comment

He Yadong (何亚东) – Press spokesperson of the Ministry of Commerce of the People's Republic of China comments on the results of the 8 rounds of economical and trade talks held in late September 2026, between the United States of America and the People's Republic of China teams, conducted in fresh York and Washington.

❶ On the Trade Council

As a consequence of the consultations, the Chinese and American parties agreed to set up a Trade Council, as part of an economical and trade consultation mechanics between the People's Republic of China and the United States of America, the main task of which will be Optimisation of bilateral trade. The economical and trade teams of both countries have reached agreement on the tasks, structure, competences and rules for conducting consultations within the Trade Council.

❷ On the agreement on the reciprocal tariff simplification under "3 billion for 30 billion"

The People's Republic of China and the United States of America agreed that they would, in a common manner, reduce customs duties on goods imported on the another hand with a value of around $30,000,000, with duties around 90% of products each organization will be reduced to the level of the most favourable country.

❸ On the extension of trade in coal

The United States of America and the People's Republic of China for Trade and economical Affairs agreed that Coal duties imported by the Central State of America will be included in the framework for the reciprocal simplification of duties of 30 billion for 30 billion.. This will facilitate imports of coal from the United States of America in the years 2027 and 2028. Coal imports from America are both a affirmative complement to the Chinese coal marketplace and will supply unchangeable income and jobs to the US coal sector.

❹ On the Chinese-American Investment Council

As a consequence of the consultations, the People's Republic of China and the United States of America agreed to the creation of a Chinese-American Investment Council in the framework of an economical and trade consultation mechanics between the Central State and America. Investment Council will make an institutionalised communication platform for both countries.

❺ On the Agriculture Working Group

The People's Republic of China and the United States of America agreed to set up a working group on agriculture under the Chinese-American Trade Council. Agricultural Working Group discuss bilateral access to the agricultural marketplace and regulatory issues. The parties agreed that the first working group gathering would be held before the end of 2026.

❻ Financial services

In the circular of discussions on financial services, the People's Republic of China and the United States of America reached a fundamental agreement on financial services. The Central State will consider, in accordance with law and regulations, the requests of financial institutions from different countries, including the United States of America, to operate and establish branches in the People's Republic of China. The mediate State expects the Americans to supply the Chinese financial institutions with fair, transparent and unchangeable political conditions.

❼ Chinese-American dialog on Artificial Intelligence

During the circular of consultations on artificial intelligence (AI), The People's Republic of China and the United States of America have agreed that within the framework of the mechanics of economical and trade consultations between countries, He Lifeng – Deputy Prime Minister of the Government of the People's Republic of China, and Scott Bessent – Minister of Finance of the United States of America, as the chief representatives of both parties, will establish dialogue on artificial intelligence (AI). There was already the first discussion during which the risks and benefits of artificial intelligence were discussed. The People's Republic of China and the United States of America agreed that another discussion would take place before the end of November 2026. States have besides agreed to establish communication channel on artificial intelligence incidents.

❽ Prolongation of the common arrangements for economical and trade consultations reached in Kuala Lumpur

In the current economical and trade consultations, the People's Republic of China and the United States of America agreed to proceed their work on the basis of an extension of the common agreement on a customs truce with Kuala Lumpur until 10 January 2027 in order to accomplish a solution acceptable to both parties.

❾ On the increase of air services between China and the USA

On the increase in the number of direct air services between the People's Republic of China and the United States of America, the parties exchanged views on the increase in direct passenger flights during the 8 rounds of business and trade talks. The People's Republic of China and the United States of America agreed to keep in contact with the increase in flights between the Central State and America.

❿ On the implementation of agreements reached during erstwhile consultations

During the current consultations, the People's Republic of China and the United States of America confirmed and recommitted to further implement the agreements reached during erstwhile economical and trade consultations. This will make favourable conditions and a unchangeable environment for economical and trade cooperation between the 2 countries and will besides be crucial for promoting global economical development.

He Yadong (何亚东) – basic information

He Yadong (何亚东) – Ministry of Trade press spokesperson (MOFCOM) People's Republic of China. It has "deep academic and substantive background" in global economical relations and trade policy. For many years he has dealt with advanced analyses of the Chinese and global macroeconomic situation. In January 2021, he became head of the Political investigation Department of the Ministry of Trade of the People's Republic of China. About September 2023, he simultaneously served as a spokesperson for this ministry. Since taking up this function, you represent the Centre in the most hard global disputes, including during customs negotiations with the United States of America and the Union and the European Union. In September 2020, He Yadong received a state award. For his engagement and authoritative activities in the first phase of the wellness crisis, he received the authoritative title "Outstanding worker of the Ministry of Commerce in the fight against the coronavirus pandemic SARS-CoV-2It’s okay. ”

Information Agency – basic information

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