BEIJING: The meeting in Beijing on Tuesday between top officials from China and the United States has provided a forum for the two sides to reestablish dialogue mechanisms and help properly handle trade friction, analysts and business leaders said.
During his meeting with US Commerce Secretary Gina Raimondo, Premier Li Qiang said that economic and trade relations between China and the US are mutually beneficial and win-win in nature, and that China is willing to strengthen dialogue and cooperation with the US in the economic and trade fields. He also called on the US to work together with China and take more pragmatic actions.
Vice-Premier He Lifeng also met with Raimondo. The two sides had candid, pragmatic and constructive discussions on implementing the important consensus reached at the meeting in Bali in November between the two countries’ heads of state, as well as on economic and trade issues of common concern, according to Xinhua News Agency.
The Chinese side expressed its concerns over measures taken by the US, such as tariffs imposed under Section 301 of the US Trade Act of 1974, export controls against China and investment restrictions. The two sides agreed to continue to maintain communication and support enterprises of the two countries in carrying out pragmatic cooperation, Xinhua reported.
On Monday, Commerce Minister Wang Wentao met with Raimondo, and the two sides agreed on concrete steps to ensure open lines of communication between the world’s two largest economies on export controls and commercial issues.
Wang also called on the US to deliver on its commitment to not seek decoupling from China, and raised serious concerns about issues such as US semiconductor policies, discriminatory subsidies and sanctions on Chinese enterprises. –The Daily Mail-China Daily news exchange item
