China and the United States reached important consensus on economic and trade, and the talks made substantial progress

Planet Daily News: The high-level economic and trade talks between China and the United States were held from May 10 to 11 in Geneva, Switzerland. At a press conference held by the Chinese delegation on the evening of the 11th local time, He Lifeng, the Chinese lead negotiator and Vice Premier of the State Council, stated that this round of China-US economic and trade high-level talks was frank, in-depth, and constructive, reaching important consensus and making substantial progress. Both sides unanimously agreed to establish a China-US economic and trade consultation mechanism. The two countries will quickly finalize the relevant details and will release a joint statement on the talks on May 12. He Lifeng said that under the current circumstances, this meeting has attracted high attention from the international community. Through joint efforts by both China and the US, the talks were fruitful, taking an important step towards resolving differences through equal dialogue and consultation, and laying the foundation and creating conditions for further bridging differences and deepening cooperation. He Lifeng emphasized that China-US economic and trade relations are of great significance to both countries and have an important impact on global economic stability and development. China is willing to work with the US to actively implement the important consensus reached by the heads of state during their phone call on January 17 this year, maintain a practical attitude towards problem-solving, engage in candid dialogue, equal consultation, manage differences, explore cooperation potential, expand the cooperation list, increase the cooperation "cake", promote new development in China-US economic and trade relations, and inject more certainty and stability into the world economy. (Xinhua News Agency)