Li Chenggang: China and the United States have reached a preliminary consensus on the stable resolution of multiple important economic and trade issues.

[Li Chenggang: China and the United States have reached a preliminary consensus on properly addressing multiple important economic and trade issues] From October 25 to 26 local time, China and the United States held economic and trade consultations in Kuala Lumpur. Li Chenggang, the international trade negotiation representative and vice minister of the Ministry of Commerce of China, stated to Chinese and foreign media reporters after the consultations that both sides have formed a preliminary consensus on properly resolving multiple important economic and trade issues of mutual concern, and the next step will be to fulfill their respective domestic approval procedures. “In the past month or so, there have been some fluctuations in China-U.S. economic and trade relations, which have attracted global attention,” said Li Chenggang. Since the China-U.S. economic and trade talks in Geneva in May this year, the Chinese side has strictly adhered to the consensus reached in multiple conversations between the leaders of China and the United States, sincerely and earnestly implementing the consensus arrangements reached in the economic and trade consultations, and carefully nurturing the hard-won and relatively stable China-U.S. economic and trade cooperation relationship. “The occurrence of these fluctuations is not something the Chinese side wishes to see.” (Xinhua News Agency)