Ministry of Commerce: Strict Negotiations with the U.S.

In the micro-network news, just after Xinhua News Agency’s corporate microblog released the news, the Ministry of Commerce’s spokesperson asked the reporter on the 4th that during the Sino-U.S. economic and trade consultation held from the 3rd to the 4th, the Chinese side took a The U.S. side made solemn representations. The U.S. side stated that it attaches importance to the Chinese representation and will report to the U.S. president on the Chinese position.

In addition, Xinhua News Agency also reported that China-US economic and trade consultations reached consensus on some issues and both sides agreed to establish a working mechanism to maintain close communication.

From May 3rd to 4th, the delegations of China and the United States conducted frank, efficient and constructive discussions on issues of common interest in Sino-U.S. trade.

Both sides believe that the development of healthy and stable Sino-U.S. economic and trade relations is very important to the two countries and they are committed to resolving issues related to economic and trade issues through dialogue and consultation.

The two sides exchanged views fully on expanding US exports to China, bilateral service trade, two-way investment, intellectual property protection, and the resolution of tariffs and non-tariff measures, and reached consensus in some areas.

The two sides realized that there are still big differences on some issues and they need to continue to step up their work and make more progress.

The two sides agreed to continue to maintain close communication on relevant issues and establish corresponding working mechanisms.