Chinese Press Conference: Substantial Progress Achieved in China-U.S. Economic and Trade High-Level Talks, Important Consensus Reached

From May 10 to 11, high-level economic and trade talks between China and the United States were held in Geneva, Switzerland. The Chinese delegation stated at a press conference that both sides conducted in-depth exchanges on economic and trade issues of mutual concern. The talks were candid, in-depth, and constructive, achieving substantial progress and reaching important consensus. Both parties agreed to establish a China-U.S. economic and trade consultation mechanism, designate leaders from each side, and conduct further consultations on economic and trade issues of mutual concern. The two sides will finalize the relevant details as soon as possible and will release a joint statement on the outcomes of the talks on May 12. (CCTV News)