Chinese Vice Premier He Lifeng is set to visit Sweden from July 27 to 30 to hold important trade talks with the United States, as announced by the Commerce Ministry on Wednesday.
The meeting comes after a significant phone call on June 5 between the leaders of China and the United States, where they agreed to address mutual economic and trade concerns. Both sides aim to utilize the China-U.S. economic and trade consultation mechanism to foster better relations.
“The consultations will focus on issues of mutual concern, based on principles of mutual respect, peaceful coexistence, and win-win cooperation,” said a spokesperson from the ministry.
This development is crucial, as the world’s two largest economies seek to resolve ongoing trade tensions that have global implications. The outcome could impact international markets and economies, including those in the Global South.
The choice of Sweden as the meeting place highlights the importance of a neutral venue for these discussions. Young people around the world are watching closely, as these talks may influence future economic opportunities and international cooperation.
