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Wednesday, April 17, 2024

China-U.S. economic working group convenes fourth meeting

The China-U.S. economic working group held its fourth meeting in Washington, D.C., on Tuesday.

• April 17, 2024
Liao Min and Jay Shambaugh
Liao Min and Jay Shambaugh

The China-U.S. economic working group held its fourth meeting in Washington, D.C., on Tuesday.

China’s Ministry of Finance said on Wednesday.

The MOF confirmed that the meeting was co-chaired by China’s vice minister of finance, Liao Min and Jay Shambaugh, the under-secretary of the U.S. Department of the Treasury.

With a focus on implementing the important consensus reached by the lead persons, the two sides conducted in-depth, pragmatic and constructive communication on the macroeconomic situations.

The two sides also balanced growth in the two countries and the world and arrangements for future communication.

The Chinese side expressed concern over the U.S. economic and trade restrictions against China, and made further responses on the issue of production capacity.

The two sides, however, agreed to maintain communication and exchanges.

(Xinhua/NAN)

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