The China-US Commerce and Trade Working Group held its second vice-ministerial meeting

On September 7th, Wang Shouwen, International Trade Negotiator and Vice Minister of Commerce of the Ministry of Commerce, and US Vice Secretary of Commerce Larry Lago co-chaired the second vice-ministerial-level meeting of the China-US Commercial and Trade Working Group in Tianjin. China focused on the US-China 301 Tariffs and Shipbuilding and other industrial 301 investigations, generalization of national security, sanctions against Chinese enterprises, two-way investment restrictions, US trade remedies against China, and unfair treatment of Chinese enterprises in the US. It emphasized that clarifying the national security boundaries in the economic and trade field can help stabilize the expectations of enterprise cooperation, and opposed the use of "overcapacity" as an excuse to implement trade and investment restrictions. The two sides agreed to provide necessary support for their respective trade and investment promotion activities; maintain communication in areas such as cross-border data flow, inspection and quarantine, healthcare and women's health, medical apparatus, and clean energy.