Market news
03.06.2021, 09:20

China, U.S. aim for common ground in trade talks to resolve issues - ministry

Reuters reports that China's commerce ministry said that normal discussions between China and the United States on the trade and economic fronts have resumed and both sides will start to pragmatically solve some concrete issues for producers and consumers.

China's Vice Premier Liu He, who has led trade negotiations with the United States, has held two video calls with U.S. Trade Representative Katherine Tai and Treasury Secretary Janet Yellen in less than a week, marking the first formal engagement between the two sides on trade and economic issues under the new Biden administration.

Both calls lasted about 50 minutes, commerce ministry spokesman Gao Feng told a regular news conference, adding that conversations started smoothly and Sino-U.S. trade, macro-economic situations and domestic policies were among the topics.

China also raised its specific concerns based on the performance of its domestic economy, he said.

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