The 12th round of China-US high-level economic and trade consultation was held in Shanghai at the end of the month (Source:)
Speaker Gao Feng of the Ministry of Commerce announced at a regular briefing this afternoon that in order to implement the consensus reached at the meeting between the two heads of state in Osaka, the leaders of China and the United States will meet in Shanghai, China, from 30 to 31 July to hold the twelfth round of high-level economic and trade consultations between China and the United States on the basis of equality and mutual respect.
Why is the location of Sino-US economic and trade consultation in Shanghai? In response, the Ministry of Commerce
A spokesman for the Ministry of Commerce, Gao Feng, answered why the new round of Sino-US high-level economic and trade consultation was scheduled to be held in Shanghai rather than Beijing on May 25. He said that the consultation at different locations was quite normal and that Shanghai had good conditions for conducting the consultation.
MOFCOM: Restarting economic and trade consultation is not directly related to trade procurement
The Ministry of Commerce held a regular press conference today (25). At the press conference, the media asked questions. The Chinese enterprises concerned have started new purchases of American agricultural products. Is this one of the conditions for Sino-US economic and trade negotiations? In response, spokesman Gao Feng said that in order to better meet the needs of the domestic market, some enterprises are willing to voluntarily import some agricultural products from the United States. They have already made inquiries with American suppliers and will sign commercial contracts. The relevant procurement shall be decided by the enterprise independently and carried out in accordance with market rules. Restarting economic and trade negotiations is an important consensus reached at the meeting between the two heads of state in Osaka, which has no direct relationship with trade procurement.