News: 2024.04.17
Chinese Vice Minister of Finance Liao Min co-chaired the fourth meeting of the China-U.S. Economic Working Group with U.S. Deputy Secretary of the Treasury Sham Bo while attending the World Bank/International Monetary Fund Spring Meeting in Washington, the United States.
During the meeting, Chinese representative Liao Min once again responded to the discussion on production capacity issues. He emphasized that China has been committed to promoting economic structural adjustment, strengthening supply-side structural reform, and actively addressing the problem of overcapacity.
The meeting of the China-US Economic Working Group is an important platform for dialogue and cooperation between the two countries on economic issues. Through joint efforts, China and the United States will promote stable economic development and promote global economic growth.
As the two largest economies in the world, cooperation between China and the United States is crucial. Both sides should strengthen communication and cooperation to jointly respond to various challenges facing the world and maintain the stability of the international economic order.
The meeting of the China-US Economic Working Group achieved positive results, demonstrating the potential for cooperation between the two sides in the economic field. Looking to the future, China-US economic relations have a promising future and will bring more opportunities to both countries and the global economy.