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China MOFCOM: Candid, effective, constructive and deep exchange on major trade and economic issues with US

Regarding the two-day face-to-face US-China trade talks in Shanghai, Chinese Ministry of Commerce said “both sides, according to the consensus reached by the two leaders in Osaka, had a candid, highly effective, constructive and deep exchange on major trade and economic issues of mutual interest”.

The Ministry also noted in the statement that “the two sides also discussed that China will increase its procurement of US agricultural products according to domestic needs and the US will create favorable conditions for procurement.”

On the Chinese side, Minister of Commerce Zhong Shan and Governor of the People’s Bank of China Yi Gang, participated with involvements from Central Finance Office, Finance Ministry, Foreign Affairs Ministry, Industry and Information Technology Ministry, Central Agricultural Office, Ministry of Agriculture, etc.

Next high-level trade meeting will be held in the US in September.

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