Li Chenggang: China and the United States have reached a preliminary consensus on prudently resolving a number of important economic and trade issues

On October 26th, from October 25th to 26th local time, China and the United States held economic and trade consultations in Kuala Lumpur. Li Chenggang, the international trade negotiator and vice minister of the Chinese Ministry of Commerce, told Chinese and foreign media reporters after the consultations that the two sides have reached a preliminary consensus on properly resolving a number of important economic and trade issues of mutual concern, and the next step will be to implement their respective domestic approval procedures. "In the past month or so, there have been some shocks and fluctuations in China-US economic and trade relations, which are of great concern to the whole world." Li Chenggang said that since the Sino-US economic and trade talks in Geneva in May this year, China has strictly followed the consensus reached by the heads of state of China and the United States on many calls, implemented the consensus arrangements reached in the economic and trade consultations in good faith and conscientiously, and carefully cared for the hard-won and relatively stable Sino-US economic and trade cooperation. " The position expressed by the US side is strong, and China is firm in safeguarding its interests. "Li Chenggang said that during this consultation, the Sino-US economic and trade teams have always respected each other and had equal dialogue. In the future, the two sides will further strengthen communication and exchanges to make positive efforts for the more stable and healthy development of China-US economic and trade relations.