The first meeting of the China-US Economic and Trade Consultation Mechanism continued for a second day in London this week. The meeting between key leaders of the world's two largest economies is seen as a crucial step towards easing tensions between the two countries, and sends a positive signal to the global economy.
The long-awaited trade talks come just days after a phone conversation between Chinese President Xi Jinping and US President Donald Trump. The meeting aims to build on the consensus reached by the two leaders and continue to promote dialogue and cooperation in the economic and trade spheres.
The Chinese delegation in London is led by Vice Premier He Lifeng, while the US team includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer.
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