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Home > News > Valuable News > Speakers of High-level Economic and Trade Consultations between China and the US

Speakers of High-level Economic and Trade Consultations between China and the US

ECHEMI 2019-07-08

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On June 24, Liu He, a member of the Political Bureau of the Central Committee of the Communist Party of China, Vice Premier of the State Council and Chinese leader of the Sino-US Comprehensive Economic Dialogue, spoke with U.S. Trade Representative Lethizer and Finance Minister Mnuchin, according to a news release issued by the Information Office of the Ministry of Commerce. The two sides exchanged views on economic and trade issues in accordance with the instructions of the two heads of state by telephone. Both sides agreed to maintain communication.

According to Xinhua News Agency, on June 18, Chinese President Xi Jinping made an appointment to make an ordinary telephone call with US President Trung. Trump said that he looked forward to meeting with President Xi Jinping again during the G20 Osaka Summit to conduct in-depth communication on bilateral relations and issues of common concern. Xi Jinping said that he agreed with the economic and trade teams of the two countries to maintain communication on how to resolve their differences. He stressed that on economic and trade issues, both sides should solve problems through equal dialogue. The key is to take care of each other's legitimate concerns.

On June 17, Eastern Time, the Office of the United States Trade Representative opened a seven-day hearing on the imposition of tariffs on Chinese imports worth about $300 billion. At present, representatives of American enterprises in many industries have expressed their objections. They point out that there are very few alternatives to clothing, electronics and other consumer goods if China is left out. A spokesman for the Ministry of Commerce of China, Gao Feng, said he hoped that the United States would listen to the voices of the industry and abandon the wrong practices. It is in the interests of the two peoples and the people of the world to solve the existing problems through equal dialogue and cooperation. If the United States insists on taking unilateral trade measures with China, it will have a serious impact on its own economic development and the well-being of its people.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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