China, US Reach Significant Consensus in Geneva Talks

China and the United States held high-level economic and trade talks in Geneva, Switzerland, from May 10 to 11. The Chinese delegation, led by Vice Premier of the State Council He Lifeng, held a press conference on the evening of May 11 to discuss the outcomes of the talks. He Lifeng described the discussions as candid, in-depth, and constructive, resulting in significant consensus and substantial progress. Both sides agreed to establish a China-U.S. economic and trade consultation mechanism, with relevant details to be finalized soon. A joint statement on the outcomes of the talks is expected to be issued on May 12.

He Lifeng highlighted the international attention garnered by the talks, noting that the joint efforts of both sides led to fruitful discussions. This marked an important step towards resolving differences through equal dialogue and consultation, laying the foundation for further narrowing differences and deepening cooperation. He emphasized the significance of the China-U.S. economic and trade relationship, not only for both countries but also for global economic stability and development.

China is committed to working with the United States to implement the important consensus reached during the January 17 phone call between the two countries' leaders. By adopting a pragmatic attitude towards solving problems, engaging in candid dialogue, equal consultation, and managing differences, both sides can tap into cooperation potential. This approach aims to extend the cooperation list, expand the cooperation pie, and drive the development of China-U.S. economic and trade relations. Ultimately, this will inject more certainty and stability into the world economy.