Containers of China COSCO Shipping Corporation Limited are seen at the Port of Long Beach in Los Angeles County, the United States, Feb. 27, 2019. China-U.S. economic and trade consultations deliver substantial progress On Dec. 13, the Chinese side announced that China and the United States have agreed on the text of a phase-one economic and trade agreement based on the principle of equality and mutual respect. Over the past year, China-U.S. economic and trade consultations have gone through twists and turns. In June, the heads of state of the two countries met in the Japanese city of Osaka and agreed to restart economic and trade negotiations on the basis of equality and mutual respect. Since then, the negotiation teams of the two sides have implemented the consensus of the two heads of state and continued consultations to properly address each other's core concerns. The easing of China-U.S. economic and trade frictions is beneficial to China, the United States and the rest of the world, and will have positive effects on such fields as economy and trade, as well as investment and financial markets. (Xinhua/Li Ying)
China-U.S. economic and trade consultations deliver substantial progress
On Dec. 13, the Chinese side announced that China and the United States have agreed on the text of a phase-one economic and trade agreement based on the principle of equality and mutual respect.
Over the past year, China-U.S. economic and trade consultations have gone through twists and turns. In June, the heads of state of the two countries met in the Japanese city of Osaka and agreed to restart economic and trade negotiations on the basis of equality and mutual respect. Since then, the negotiation teams of the two sides have implemented the consensus of the two heads of state and continued consultations to properly address each other's core concerns.
The easing of China-U.S. economic and trade frictions is beneficial to China, the United States and the rest of the world, and will have positive effects on such fields as economy and trade, as well as investment and financial markets.
