China and the U.S. are making moves to strengthen their economic and trade ties, and it's giving us all the feels! 🌏🤝✨
During the first vice-ministerial meeting of the China-U.S. commerce and trade working group, Chinese Vice Commerce Minister Wang Shouwen and U.S. Deputy Secretary of Commerce Marisa Lago highlighted the importance of making economic and trade relations a stabilizing force between the two nations.
Wang Shouwen, who is also China's international trade representative, visited the U.S. from April 2 to 5 🗓️ at the invitation of the American side. He emphasized China's willingness to boost communication, expand cooperation, and manage differences through the working group. The goal? To create a positive environment for trade and investment between businesses in both countries. 🌟
However, Wang didn't shy away from expressing concerns over issues like the U.S.'s Section 301 tariff measures on China, sanctions on Chinese enterprises, investment restrictions, and what he described as unfair treatment of Chinese companies.
Despite these challenges, both sides agreed to keep the conversation going and support each other's trade promotion events. This includes big gigs like the China International Import Expo, China International Fair for Investment and Trade, and the China-California Business Forum. 🎊
They also voiced support for cooperation in areas like clean energy technology and women's health—talk about teaming up for the greater good! 🌱💪
Looking ahead, the two countries agreed to promote trade facilitation and strengthen communication on export control. Plus, mark your calendars: Marisa Lago will lead a delegation to visit China in the second half of 2024 to co-chair the second vice-ministerial meeting of the working group. ✈️🗓️
It's clear that when two of the world's biggest economies find common ground, it's not just them who benefit—it's the whole global community. Keep an eye on this space for more updates! 👀🌍
Reference(s):
cgtn.com
