and substantive progress thanks to efforts from both sides. Meanwhile the talks face some serious problems which need to be resolved.
The top diplomat said that as long as the negotiations meet the general direction of China’s reform an
d opening-up policy, adhere to China’s basic needs about high-quality development and serve the com
mon interests of the Chinese and US people, the negotiator teams from both sides could have the capability and w
isdom to settle their reasonable demands and eventually achieve a win-win agreement.
Wang said China insists on upholding national sovereignty, safeguarding the inter
ests of its people and defending national honor when negotiating with any country.
According to the General Administration of Customs, trade between
China and the US in the first four months stood at 1.1 trillion yuan ($160 billion).
Previous post: [ China announces new tariffs on US goodsday that it wil ]