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Live Updates  >  Live Update Details

2025-07-30 01:36:14

China-US Trade Talks Held in Stockholm, Sweden: From July 28th to 29th local time, the Chinese and US trade negotiators, Vice Premier He Lifeng, held trade talks in Stockholm, Sweden, along with their US counterparts, US Treasury Secretary Jeffrey Bessant and Trade Representative Greer. The two sides had candid, in-depth, and constructive discussions on issues of mutual concern, including Sino-US economic and trade relations and macroeconomic policies. They reviewed and affirmed the consensus reached in the Geneva trade talks and the implementation of the London framework. Based on the consensus reached during the talks, both sides will continue to push for the scheduled 90-day extension of the suspended 24% US reciprocal tariffs and China's countermeasures. He Lifeng stated that the Chinese and US trade teams should be guided by the important consensus reached in the June 5th call between the two presidents, uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation, respect each other's concerns, further consolidate consensus, and deepen mutual trust. China's position on Sino-US economic and trade relations is consistent. The essence of Sino-US economic and trade relations is mutual benefit and win-win results. The two sides share extensive common interests and broad space for cooperation in the economic and trade fields. Cooperation between China and the United States benefits both sides, while confrontation hurts both. A stable, healthy, and sustainable Sino-US economic and trade relationship is not only conducive to achieving their respective development goals, but also to promoting the development and stability of the world economy. Going forward, both sides should continue to implement the important consensus reached during the call between the two heads of state, give full play to the role of the Sino-US economic and trade consultation mechanism, continuously enhance consensus, reduce misunderstandings, strengthen cooperation, further deepen dialogue and consultation, and strive for more win-win results. The US side stated that a stable Sino-US economic and trade relationship is of great significance to both countries and the global economy, and is willing to work with China to continue to resolve differences in the economic and trade fields through the Sino-US economic and trade consultation mechanism, promote more consultation results, and further stabilize Sino-US economic and trade relations. (Xinhua News Agency)

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