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An Important Staged Progress Has Been Made After China-U.S. Economic And Trade Consultation
Feb 02, 2019

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    On January 30-31, Chinese -US comprehensive economic dialogue  team led by Liu he, a member of the political bureau of the communist party of China central committee. vice premier of the state council and the US team led by US trade representative Robert Lighthizer held economic and trade consultations in Washington

    Under the guidance of the important consensus reached at the meeting between the two heads of state in Argentina, the two sides discussed trade balance, technology transfer, intellectual property protection, non-tariff barriers, service industry, agriculture, implementation mechanism and other China's concerns.

    The two leaders had candid, concrete and constructive discussions on trade balance, technology transfer, intellectual property protection, implementation mechanism and other issues of common interest as well as China's concerns, and made important staged progress . The two sides have also made clear the timetable and roadmap for further consultation.

    The two sides all agreed that it is important to establish an effective dual  implementation mechanism to help ensure the effectiveness of the agreed measures' implementation. Both sides have reached principled consensus on the framework and basic points of the implementation mechanism, which will be further elaborated.

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   On January 31, local time, US President Donald trump met in the oval office of the White House with Liu he, member of the political bureau of the CPC central committee, vice premier of the state council and Chinese leader of the china-us comprehensive economic dialogue.

   This round of U.S..-china economic and trade consultations has made significant progress, and we hope the two sides can reach a great agreement as soon as possible, which is of great significance to both our countries and the world.

   Trade representative Robert Lighthizer and finance minister Mnuchin will lead a U.S. economic and trade team to China in mid-February to continue consultations with the Chinese side.

    Looking forwards that the US and China reach agreement on economic and trade issues early.  

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