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BUENOS AIRES - China and the United States on Saturday reached consensus on economic and trade issues and agreed to avoid escalation of trade restrictive measures.

Chinese President Xi Jinping and his US counterpart, Donald Trump, held a meeting in the Argentine capital, Buenos Aires, on Saturday evening.

After the meeting, officials in charge of the Chinese economic team told Xinhua that the two sides held discussions on China-US economic and trade issues and reached consensus.

The two heads of state spoke highly of positive and effective consultations held recently by the economic and trade teams of both sides.

The two sides recognized that their healthy and stable economic and trade relations conform to common interests of the two countries and the whole world.