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MOFCOM: Both US and China took proactive measures on to resolve trade frictions, more talks in Jan

Commerce Ministry spokesman Gao Feng confirmed in a regular press briefing there were talks between China and US on trade yesterday. Both sides exchanged opinions on topics including balancing trade and intellectual property protection. Further than that, there are plans for more US-China trade talks in January. He said that both sides had maintained very close communications after Xi-Trump meeting earlier this month.

Also Gao hails that both sides took “proactive” measures on resolving trade conflicts and released “positive signals”. And he emphasized this is ” an important condition for the smooth progress of the consultations” on trade and economic frictions. Gao pointed to US formally suspended additional tariffs on Chinese imports till March 2. Also, China suspended additional tariffs on US autos still March 31.

Full Q&A in simplified Chinese.

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