China and the United States reached important consensus on economic and trade, and the talks made substantial progress

Odaily Planet Daily News: The high-level economic and trade talks between China and the United States were held in Geneva, Switzerland from May 10 to 11. He Lifeng, the Chinese leader of the China-US economic and trade talks and Vice Premier of the State Council, said at a press conference held by the Chinese delegation on the evening of the 11th local time that the high-level economic and trade talks between China and the United States were candid, in-depth and constructive, reached important consensus and made substantial progress. The two sides agreed to establish a China-US economic and trade consultation mechanism. China and the United States will finalize the relevant details as soon as possible and will issue a joint statement reached at the talks on May 12. He Lifeng said that under the current situation, this meeting has received great attention from the international community. Through the joint efforts of China and the United States, the talks were fruitful and took an important step in resolving differences through equal dialogue and consultation, laying the foundation and creating conditions for further bridging differences and deepening cooperation. He Lifeng said that China-US economic and trade relations are of great significance to both countries and have an important impact on global economic stability and development. China is willing to work with the United States to actively implement the important consensus reached by the two heads of state on January 17 this year, and in a pragmatic attitude to solve problems, have candid dialogues, equal consultations, manage differences, tap the potential for cooperation, extend the cooperation list, expand the cooperation cake, promote new development of Sino-US economic and trade relations, and inject more certainty and stability into the world economy. (Xinhua News Agency)