TechFlow, June 11 — According to Jinshi Data, the first meeting of the China-U.S. economic and trade consultation mechanism was held in London, UK. Vice Premier He Lifeng stated that this meeting is an important consultation conducted under the guidance of the strategic consensus reached by the two heads of state on June 5 this year. China's attitude and position on China-U.S. economic and trade issues are clear and consistent. The essence of China-U.S. economic and trade relations is mutual benefit and win-win outcomes; cooperation benefits both sides, while confrontation harms both. There are no winners in a trade war. China does not want a fight, but is not afraid of one either. Both sides should resolve economic and trade differences through equal dialogue and mutually beneficial cooperation. China is sincere about economic and trade consultations, but also principled. Going forward, both sides should act upon the key consensus and requirements reached during the phone call between the two heads of state, further leverage the role of the China-U.S. economic and trade consultation mechanism, continuously expand mutual understanding, reduce misunderstandings, and strengthen cooperation. (CCTV News)
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