In a significant move towards enhancing bilateral relations, Chinese Vice Premier He Lifeng met with Jay Shambaugh, the U.S. Treasury under secretary for international affairs, in Beijing. This meeting marks the third session of the China-U.S. economic working group, aiming to stabilize and develop economic ties between the two powerhouse nations.
Vice Premier He emphasized the importance of deepening exchanges and cooperation through the working group, building on the consensus reached during the recent San Francisco meeting between the two countries' heads of state. \"We must continue to utilize these channels effectively to enhance our economic relationship,\" He stated.
He Lifeng, who leads China’s efforts in economic and trade affairs with the U.S., urged both sides to accumulate concrete results that benefit businesses and the people of China and the United States. The focus remains on creating a stable and prosperous economic environment that can support enterprises and improve the livelihoods of citizens in both nations.
This collaborative approach signals a commitment to resolving trade issues and fostering a more predictable economic landscape. As the global economy navigates through uncertainties, such initiatives between China and the U.S. are crucial for maintaining international economic stability and growth.
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Chinese vice premier meets U.S. Treasury official in Beijing
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