On July 28th to 29th local time, He Lifeng, the Chinese leader in China US economic and trade affairs and Vice Premier of the State Council, held China US economic and trade talks with the US leader, US Treasury Secretary Besson, and Trade Representative Greer in Stockholm, Sweden. This is the outdoor location of the China US economic and trade talks filmed on July 29th in Stockholm, Sweden. Photo by Dai Tianfang, Xinhua News Agency reporter
On July 28th to 29th local time, He Lifeng, the Chinese leader in China US economic and trade affairs and Vice Premier of the State Council, held China US economic and trade talks with the US leader, US Treasury Secretary Besson, and Trade Representative Greer in Stockholm, Sweden. Both sides had frank, in-depth, and constructive exchanges on economic and trade issues of mutual concern, such as China US economic and trade relations and macroeconomic policies. They reviewed and affirmed the consensus of the China US Geneva Economic and Trade Talks and the implementation of the London Framework. According to the consensus reached during the talks, both sides will continue to push for the extension of the suspended 24% US equivalent tariff and the 90 day extension of China's countermeasures as scheduled.
He Lifeng stated that the economic and trade teams of China and the United States should be guided by the important consensus reached during the June 5th phone call between the two heads of state, uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation, respect each other's concerns, further consolidate consensus, and deepen mutual trust. The Chinese side's position on the economic and trade relations between China and the United States has always been consistent. The essence of the economic and trade relations between China and the United States is mutual benefit and win-win. Both sides have broad common interests and broad cooperation space in the field of economy and trade. Cooperation between China and the United States benefits both sides, while confrontation harms both. A stable, healthy, and sustainable economic and trade relationship between China and the United States is not only conducive to achieving their respective development goals, but also to promoting the development and stability of the world economy. Next, both sides should continue to follow the important consensus reached during the phone call between the two heads of state, fully leverage the role of the China US economic and trade consultation mechanism, continuously enhance consensus, reduce misunderstandings, strengthen cooperation, further deepen dialogue and consultation, and continuously strive for more win-win results.
The US side stated that stable US China economic and trade relations are of great significance to both countries and even the global economy. It is willing to work with China to continue to resolve economic and trade differences through the US China economic and trade consultation mechanism, promote more consultation results, and further stabilize US China economic and trade relations.