China-US trade talks make substantial progress

 2019-10-12  83


Shanghai Nuo Di Law Firm learned from the authorities that from October 10 to 11, Mr. Liu He, member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council and head of the China-US trade talks, met with U.S. trade representative Robert Lighthizer and Treasury Secretary Steve Mnuchin in Washington for a new round of high-level economic and trade negotiations. 

 

Under the guidance of the important consensus reached by the leaders of two countries, the two sides held candid, efficient and constructive discussions on economic and trade issues of common concern.The two sides made substantial progress in agriculture, intellectual property protection, exchange rate, financial services, expanding trade cooperation, technology transfer and dispute settlement.The two sides discussed follow-up trade talks arrangements and agreed to work together towards a final written comprehensive deal.

 

Shanghai Nuo Di Law Firm will continue to follow the China-Us trade talks and hope the two sides can handle their tensions calmly and efficiently.