Geneva, Switzerland — Chinese Vice Premier He Lifeng announced that China and the United States have made significant strides in economic and trade discussions during a high-level meeting held in Geneva over the weekend.
Describing the talks as "candid, in-depth, and constructive," He Lifeng highlighted that substantive progress was achieved, and important consensus was reached between the two sides. "Through joint efforts, the meeting was fruitful," he stated at a press conference on Sunday.
The two-day meeting involved U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer. Both nations agreed to establish a China-U.S. economic and trade consultation mechanism and plan to conduct further consultations on issues of mutual concern. A joint statement detailing the agreements is set to be released on Monday.
"This meeting is an important step towards resolving differences through equal dialogue and consultation," He Lifeng noted. "It has laid the foundation and created conditions for further bridging differences and deepening cooperation."
He emphasized the global significance of strong economic and trade relations between China and the United States, stating that their collaboration has a profound impact on the stability and development of the world economy.
Looking ahead, China expressed readiness to work with the United States to actively implement the consensus reached by the two heads of state during their phone call on January 17. He Lifeng called on both countries to adopt a practical approach to problem-solving, engage in open dialogues, manage differences, and explore new areas of cooperation. "We should extend the list of cooperation and make the pie of cooperation bigger," he said.
The positive outcome of the Geneva meeting signals a hopeful path forward for China-U.S. economic and trade relations, promising more certainty and stability for the global economy.
