China-US officials hold economic talks

In a significant development for bilateral relations, China’s Vice-Premier He Lifeng, who oversees China-US economic and trade affairs, engaged in a high-level video conference with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer on Saturday morning. The meeting, reported by Xinhua News Agency, underscored the commitment of both nations to addressing critical issues in their economic partnership. The discussions were characterized by their candid, in-depth, and constructive nature, focusing on implementing the key agreements reached by the leaders of both countries during their earlier phone conversation this year. Both sides agreed to expedite the scheduling of a new round of economic and trade consultations, signaling a proactive approach to resolving ongoing challenges and fostering mutual economic growth. This dialogue marks a pivotal step in reinforcing the economic ties between the two global powers, amidst a complex international landscape.