China says trade talks with US advance amid close contact

TOKYO, China and the US are advancing their trade talks with close communication on details, Chinese Ministry of Commerce said Friday.

“The Chinese side welcomes the US team to visit China for consultation and is open to visiting the US for communication,” a ministry spokesman was quoted as saying at a news conference in Beijing, state-run Xinhua News Agency reported.

“The two countries had reached consensus on specific issues including agricultural products, energy and automobiles,” the spokesman said, adding that more details of the trade talks would be released.

Chinese Vice Premier Liu He, who currently heads the China-US trade talks, spoke with US officials on Tuesday, and the two sides exchanged views on implementing the consensus reached by the heads of state of the two countries and on the timetable and roadmap to push forward the trade talks.

During a meeting in Argentina on Dec. 1, Chinese President Xi Jinping and his US counterpart Donald Trump discussed the economic and trade issues between the two countries and reached important consensus.

In the meeting, Xi and Trump agreed to a temporary trade truce in the ongoing trade war between the world’s two biggest economies, pledging to postpone imposing American tariffs on Chinese imports for 90 days.

Source: Kuwait News Agency