Enviro News Asia, Kuala Lumpur — China and the United States have reached basic consensuses on arrangements to address respective trade concerns after two days of talks in Kuala Lumpur.
Chinese Vice Premier He Lifeng met with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer from Saturday to Sunday, holding candid and constructive discussions on key trade and economic issues of mutual concern.
Both sides exchanged views on the U.S. Section 301 measures targeting China’s maritime, logistics, and shipbuilding sectors, the extension of reciprocal tariff suspensions, cooperation on fentanyl-related tariffs and law enforcement, trade in agricultural products, and export controls.
The delegations agreed to finalize specific details and proceed with their respective domestic approval processes.
He Lifeng said the essence of China-U.S. economic and trade relations lies in mutual benefit and win-win cooperation. He emphasized that maintaining stable trade ties serves the shared interests of both nations and meets global expectations.
He urged both sides to adhere to principles of mutual respect, peaceful coexistence, and dialogue on equal footing to resolve trade differences. “Safeguarding the hard-won progress in China-U.S. trade consultations requires joint efforts,” He stated.
The U.S. representatives acknowledged that the bilateral economic relationship is one of the most influential in the world and expressed willingness to work with China in the spirit of equality and respect to manage differences and deepen cooperation.
Both sides agreed to continue using the China-U.S. economic and trade consultation mechanism to maintain close communication, enhance mutual trust, and promote stable, sustainable development of trade relations that benefit both peoples and contribute to global prosperity. (*)
