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    News: 2024.04.17

    China-U.S. Economic Working Group Meeting: China responds to production capacity issue again

    China responds to production capacity issue again at Sino-U.S. Economic Working Group meeting

    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.

    China-U.S. economic working group meeting discusses production capacity issues

    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.

    Sino-US cooperation promotes stable economic development

    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.

    Strengthen communication and cooperation to meet global challenges

    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 prospects for Sino-US economic relations are promising

    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.