The Sino-US economic and trade talks are harmonious and smooth. The two sides agreed to continue to promote the implementation of the first phase of the economic and trade agreement.

On the morning of August 25th, Liu He, member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council, and the Chinese leader of the China-US Comprehensive Economic Dialogue, talked with US Trade Representative Lighthizer and Secretary of the Treasury Mnuchin at an appointment. The two sides had a constructive dialogue on strengthening the coordination of the macroeconomic policies of the two countries and the implementation of the first phase of China-US economic and trade agreement. Both sides agreed to create conditions and atmosphere to continue to promote the implementation of the first phase of the China-US economic and trade agreement.

The US also issued a message soon.

On the 24th local time, the Office of the US Trade Representative issued a statement stating that US Trade Representative Lighthizer and Secretary of the Treasury Mnuchin held a routine conference call with Chinese Vice Premier Liu He that evening to discuss the historic US-China Phase 1 economic and trade agreement. Implementation. The two sides talked about the actions China has taken to achieve the structural reforms required by the agreement to ensure stronger protection of intellectual property rights, remove obstacles to US companies in the financial services and agricultural sectors, and eliminate forced technology transfer. The two sides also discussed the issue of China’s substantial increase in purchasing American products and the actions needed to implement the agreement in the future. Both parties have seen progress and pledged to take the necessary actions to ensure the success of the agreement.