Establishing Mechanism for Economic and Trade Relations
In a recent development, China and the United States have reached an agreement to create a mechanism aimed at fostering ongoing discussions regarding economic and trade relations between the two nations. The statement also mentioned that the two countries have agreed to establish “a mechanism to continue discussions about economic and trade relations,” spearheaded by Chinese Vice Premier He Lifeng, US Treasury Secretary Scott Bessent, and US Trade Representative Jamieson Greer.