China and the United States held the first meeting of the bilateral trade council via video conference, the trade ministry of the Asian giant announced.
In particular, the dialogue focused on customs charges. In this sense, the parties analyzed the chances of mutual tariff reduction for goods worth 30 billion dollars from each side. They also engaged in agricultural trade and other matters of interest.
"Guided by the important agreements reached during the meeting between the leaders of China and the United States. In the US, the parties had an open, in-depth and constructive exchange of views. "The two countries intend to continue to strengthen cooperation within the trade council, facilitate the solution of their trade and economic problems, continuously expand the list of areas of cooperation and reduce the list of existing problems," Beijing said.