00:00The trade and economic teams of China and the United States held in-depth, candid and constructive exchanges over important topics of mutual interest, a senior Chinese official said in Stockholm, the capital city of Sweden on Tuesday.
00:14Li Chenggang, China International Trade Representative with the Ministry of Commerce and Vice Minister of Commerce, made the remarks when briefing the press following the new round of economic and trade talks in Stockholm.
00:30The two sides will continue pushing for the continued extension of the pause of 24 percent of reciprocal tariffs of the U.S. side, as well as countermeasures of the Chinese side, said Li.
00:42Both sides are fully aware of the importance of safeguarding stable and sound China-U.S. economic ties, Li said, adding that the two sides held candid exchanges overreach others' major trade and economic concerns.
00:53Li said both sides reaffirmed the importance of maintaining stable and sound bilateral economic relations.
00:59The teams reviewed the implementation of the Geneva and London consensus agreements and acknowledged the progress made.
01:06Key topics included macroeconomic conditions and major trade concerns from both nations.
01:10The discussions also focused on extending the pause on 24 percent of reciprocal tariffs imposed by the U.S., along with China's countermeasures.
01:19Li added that both sides agreed to maintain close communication and continue timely exchanges to promote the healthy development of China-U.S. trade relations.
01:27The Chinese and U.S. economy and trade teams will maintain close communication, conduct timely exchanges on trade and economy issues and continue to promote the stable and healthy development of bilateral economy and trade relations, Li said.
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