US-China agree to ‘trade consultation mechanism’, conduct further talks: He Lifeng
China is ready to work with the US to manage differences and make the ‘pie of cooperation bigger’, state media quotes vice-premier as saying
The two sides had “taken an important step towards resolving differences through equal dialogue and consultation”, planned to issue a joint statement on Monday, and “conduct further consultations on issues of mutual concern”, state news agency Xinhua reported, citing He.
He pledged that China was ready to work with the US to manage differences, expand areas of cooperation, and make the “pie of cooperation bigger”, Xinhua added.
State broadcaster CCTV said the two sides made “substantial progress” and called the talks “candid, in-depth and constructive”.
He also warned that Beijing “will not be afraid” and “fight to the end” if the US insisted on a trade war, according to Reuters.
US Trade Representative Jamieson Greer, who took part in the talks with Treasury Secretary Scott Bessent, He and two Chinese vice-ministers, described the conclusion as “a deal we struck with our Chinese partners”.
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US, China agree to ‘trade consultation mechanism’, conduct further talks, He Lifeng says