Chinese vice-premier holds talks with US treasury secretary

Chinese Vice-Premier He Lifeng and US Treasury Secretary Janet Yellen, who are the two countries' respective lead persons in their economic and trade affairs, held multiple rounds of talks in Guangzhou, Guangdong province from Friday to Saturday.

Focusing on the implementation of the significant consensus reached between leaders of the two countries, they had in-depth, candid, pragmatic and constructive exchanges on the macroeconomic situations of the two countries and the world, China-US economic relations, and global challenges.

The two sides agreed to discuss issues such as balanced growth of the US and Chinese economies as well as the global economy, financial stability, sustainable finance, and anti-money laundering cooperation under the framework of the China-US economic and financial working groups.

The Chinese side expressed serious concerns about the US trade and economic restrictions against China and fully responded to the production capacity issue. Both sides agreed to maintain communication.