From Sunday to Monday, the delegations of China and the United States held in-depth and constructive discussions on key economical and trade issues, including tariff policy, trade and investment improvement and maintaining the existing consultation consensus.
The talks, based on the findings reached by the leaders of both states, resulted in fresh agreements and agreement to proceed the dialogue.
China's Deputy Prime Minister He Lifeng stressed that thanks to the strategical leadership of both parties and the 5 rounds of consultations last year, a number of concrete results have been achieved, which have increased the stableness of economical and commercial relations, and besides positively influenced the global economy.
He besides referred to a fresh ruling by the ultimate Court of the United States, which found part of the duties to be illegal, while pointing to the continued action of the US party, specified as the introduction of additional import charges and restrictive measures against China, including commercial investigations and sanctions.
The Chinese side reiterated its opposition to unilateral duties, calling on the US to abolish them completely and declaring its willingness to defend its interests.
China expects the United States to act in a spirit of common understanding, grow cooperation and limit disputed areas to support the unchangeable improvement of economical relations.
The US side stressed the importance of unchangeable economical relations between the 2 countries for global growth, safety of supply chains and financial stability. Both parties agreed to the request to alleviate tensions and resolve disputes through dialogue.
An analysis was besides established of the anticipation of establishing a cooperation mechanics in support of trade and investment, the further usage of existing consultation channels and the deepening of dialog with a view to the sustainable and unchangeable improvement of economical relations.
