Sino-US cooperation is 'best option' for all

CPPCC session spokesman: Trade pact would benefit two nations, rest of world

The signing of a mutually beneficial trade agreement at an early date will not only benefit China and the United States, but also will be good for the world economy, a spokesman for China's top political advisory body said on Saturday.

The two countries have made substantial progress in their trade talks on specific issues such as technology transfers, protection of intellectual property rights, nontariff barriers, the service industry, agriculture and exchange rates, said Guo Weimin, spokesman for the second session of the 13th National Committee of the Chinese People's Political Consultative Conference, at a news briefing.