US President Trump Meets Liu He

category:Finance
 US President Trump Meets Liu He


Liu said that during this round of consultations, the two sides had frank, efficient and constructive discussions on economic and trade issues of common concern, made substantive progress in agriculture, intellectual property protection, exchange rate, financial services, expanding trade cooperation, technology transfer and dispute settlement, and discussed arrangements for follow-up consultations. Handling Sino-US economic and trade relations is conducive to China, the United States and world peace and prosperity. It is hoped that the two sides will move towards each other, properly address each others concerns on the basis of equality and mutual respect, and promote the healthy and stable development of bilateral economic and trade relations in accordance with the principles and directions set by the two heads of state.

Trump thanked President Xi Jinping for his message, once again congratulated Peoples Republic of China on the establishment of 70th anniversary, and asked Liu He to convey his cordial greetings to President Xi Jinping. Trump said that the relationship between the United States and China has developed strongly. I respect China very much and respect President Xi Jinping very much. He is a great leader. I am glad to see that the first phase of the US-China economic and trade negotiations has yielded substantial results, which are of great benefit to both the United States, China and the world. It is hoped that the two teams will work hard to finalize the first phase of the agreement as soon as possible and continue to promote follow-up consultations. The United States welcomes Chinese students to study in the United States.

A New Round of High-level Economic and Trade Consultations between China and the United States concluded in Washington

From October 10 to 11, Liu He, a member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council and Chinese leader of the Sino-US Comprehensive Economic Dialogue, held a new round of high-level Sino-US economic and trade consultation in Washington with U.S. Trade Representative Lethizer and Finance Minister Mnuchin. Under the guidance of the important consensus of the two heads of state, the two sides held frank, efficient and constructive discussions on economic and trade issues of common concern. The two sides have made substantial progress in agriculture, intellectual property protection, exchange rate, financial services, expanding trade cooperation, technology transfer and dispute settlement. The two sides discussed arrangements for follow-up consultations and agreed to work together towards a final agreement.

The Dow Index closed up 1.21% and Apples market capitalisation, the First Federal Reserve, restarted its purchases of Treasury bonds.

Good trade news, coupled with the dawn of the exit negotiations, the Dow index rose more than 500 points, once exploring 27,000 points, but investors tended to buy in rumors, sell in confirmation and the weak gains of the three major indexes narrowed to 1% at the end of the day. As of the close, the Dow rose 319.92 points or 1.21 percent to 26816.59; the S&P 500 index rose 32.14 points, or 1.09 percent, to 2970.27; and the index rose more than 100 points, or 1.34 percent, to 8057.04.