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Home / Business / China US trade tensions

'Progress' on trade talks could set stage for deal

By Zhao Huanxin in Washington | chinadaily.com.cn | Updated: 2019-02-01 09:11
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US trade representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, White House economic adviser Larry Kudlow and White House trade adviser Peter Navarro participate in a photo-op with China's Vice Premier Liu He and senior officials in the Diplomatic Room in the Eisenhower Executive Office Building on the White House campus in Washington, Jan 30, 2019. [Photo/Agencies]

Asked when he wanted to meet with Xi, Trump said, "We haven't set up a meeting yet. I think we're working on seeing where everybody is, and then we'll meet to discuss some final issues," adding "both countries would like to see a positive result".

During the two days of talks, Chinese and US negotiators discussed trade balance, technology transfer, intellectual property protection, non-tariff barriers, service industry, agriculture and enforcement mechanism, as well as issues of concern to the Chinese side, according to a statement from the Chinese delegation.

In particular, lead negotiators of the two sides had focused their discussions on trade balance, intellectual property protection, enforcement mechanisms and other topics of mutual interest and on issues of Chinese concern, according to the statement.

The two sides also clarified the timetable and roadmap for their further consultations.

Both sides attach high importance to intellectual property protection and technology transfer issues and agreed to ramp up cooperation in that regard, the statement said, adding that creating a fair competitive market environment aligns with China's reform and opening-up, and China will actively respond to US concerns.

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