China-U.S. Economic Working Group Meeting: China is concerned about U.S. economic and trade restrictions on China

The China-US Economic Working Group held its fourth meeting. According to the Ministry of Finance’s website, Vice Minister 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 during the spring meetings of the World Bank and the International Monetary Fund in Washington, the United States. The meeting discussed the U.S. economic and trade restrictions on China and other issues, and China expressed concern about this.

During the meeting, the two sides had in-depth exchanges on Sino-US economic cooperation, trade friction and other issues. The Chinese representative pointed out that the economies of China and the United States are closely connected, and cooperation is the only correct choice for both parties. It is hoped that the United States can view Sino-US economic and trade relations objectively and rationally, work together to solve existing problems, and promote economic cooperation to achieve more results.

Prospects for Sino-US Economic Cooperation

The holding of the fourth meeting of the China-US Economic Working Group provided an important platform for the deepening of Sino-US economic cooperation. At the meeting, the two sides discussed how to further expand bilateral trade and strengthen investment cooperation and other issues, and reached some consensus. This will help enhance mutual trust between the two sides and promote the healthy development of economic cooperation.

Sino-US economic and trade restrictions

The U.S.’s economic and trade restrictions on China have always been a sensitive issue in Sino-U.S. economic and trade relations. China once again expressed its concern about this at the meeting and called on the United States to view Sino-US economic and trade relations in an objective and fair manner and avoid taking unilateral actions that would harm the interests of both parties. It is hoped that the two sides can resolve disputes through dialogue and consultation and jointly promote the stable development of economic cooperation.

The role of the China-US Economic Working Group

As an important mechanism for Sino-US economic cooperation, the China-US Economic Working Group has always played an active role. By holding regular meetings, the two sides can exchange opinions in a timely manner, solve problems, and promote the progress of economic cooperation. It is hoped that the China-US Economic Working Group can continue to play its role and inject new impetus into China-US economic cooperation.