(ECNS) — Primarily based on consensus reached within the newest spherical of China-U.S. financial and commerce talks, either side will push for a continued extension of the pause on the 24 % “reciprocal tariffs” of the U.S. facet in addition to the countermeasures on the Chinese language facet, a senior Chinese language official stated in Stockholm on Tuesday.
Li Chenggang, China’s worldwide commerce consultant with the Ministry of Commerce and vice minister of commerce, made remarks throughout a press briefing following the brand new spherical of financial and commerce talks in Stockholm. He spoke in regards to the commerce and financial groups of China and the USA, with candid and constructive exchanges over essential subjects of mutual curiosity.
Either side are absolutely conscious of the significance of safeguarding a secure and sound China-U.S. financial ties, Li stated. Over the course of the day-and-a-half discussions, either side reviewed the implementation of the Geneva and London consensuses and gave full affirmation to the progress made.
The Chinese language and U.S. financial and commerce groups will now preserve shut communication, conducting well timed exchanges on commerce and financial points, and proceed to advertise the secure and wholesome growth of their bilateral financial relationship, Li stated.
(By Evelyn)
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