Osaka consensus signaled direction for Sino-US ties

Editor's note: The Osaka meeting between President Xi Jinping and his US counterpart Donald Trump on Saturday produced the desired results as both leaders agreed to restart the trade negotiations on the foundation of equality and mutual respect, and the US said it will not impose new tariffs on imports from China. Zhong Sheng, a columnist for People's Daily, comments:

The consensus reached between the two leaders has raised fresh hopes that the world's two largest economies can resolve their trade dispute through negotiations.

Hopefully, Trump can understand what Xi reiterated - that the trade and economic cooperation between China and the US is mutually beneficial and brings about win-win results, as the two sides have huge overlapping interests. This defines the essence of Sino-US relations. The two countries should become good partners, which is favorable not only to the two countries themselves, but also the whole world.