Li Changgang: Both China and the United States have engaged in constructive discussions on relevant topics and have reached initial consensus on some proper solutions.

BlockBeats News, October 26th - Li Chenggang, Vice Minister of the Ministry of Commerce and Deputy China International Trade Representative, stated on the 26th that the China-U.S. economic and trade teams had an in-depth and candid discussion and exchange on the economic and trade issues of concern to both parties. After more than a day of very intense discussions, China and the United States constructively explored some appropriate solutions to the issues of concern to both parties and reached a preliminary consensus.

The discussions between the two parties covered numerous topics, such as export control issues of concern to both parties, the further extension of the suspension period for reciprocal tariffs, fentanyl-related tariffs and fentanyl anti-drug cooperation issues, further expanding trade issues, and U.S. Section 301 ship charge-related measures. Both China and the United States engaged in constructive discussions on these topics, with the U.S. taking a tough stance and China firmly defending its interests. The next step will be for each side to go through their respective internal approval processes. (Jinse)