Chinese Vice Premier Holds Talks With US Secretary Yellen

He Lifeng, Chinese vice premier and Chinese lead person for China-U.S. economic and trade affairs, held several rounds of talks with U.S. Secretary of Treasury Janet Yellen, also U.S. lead representative, on Friday and Saturday in the city of Guangzhou in south China.

Focusing on the implementation of the important consensus between the two countries’ heads of state, China said the two sides had candid, pragmatic and constructive discussions on the macroeconomic situation of the two countries and the world, the economic relationship between China and the United States, and global challenges.

The two sides agreed to discuss issues such as balanced growth of the United States, China and the global economy, financial stability, sustainable finance, and cooperation in countering money-laundering under the China-U.S. economic and financial working group. China said it expressed grave concern over U.S. economic and trade measures restrictions and responded fully to the issue of production capacity

The both said they agreed to continue to maintain communication

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