High-level economic and trade talks between China and the United States have made substantial progress in Geneva.

China's press conference confirmed: Substantial progress has been made in the high-level talks between China and the United States on economic and trade issues, and important consensus has been reached.

From May 10 to 11, high-level economic and trade talks were held in Geneva, Switzerland between China and the United States. The Chinese delegation stated at the press conference that both sides had carried out in-depth exchanges on economic and trade issues of mutual concern. The atmosphere of the talks was sincere, in-depth, and constructive, making substantial progress and reaching important consensus. Both parties agreed to establish a Sino-US economic and trade consultation mechanism, clarify the lead persons of both sides, and carry out further consultations on respective economic and trade concerns. Both sides will soon finalize relevant details and release the joint statement of the talks on May 12. (CCTV News)

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