Fully loaded container ships are seen at the port of Los Angeles, California, the United States, Oct 29, 2021. [Photo/Xinhua] Senior officials from China and the United States will hold the second round of the deputy minister-level meeting of the China-U.S.
commerce and trade working group in Tianjin on Sept 7 to exchange views about economic and trade policy concerns, China's Ministry of Commerce said on Thursday. China International Trade Representative and Vice-Minister of Commerce Wang Shouwen, and U.S.
Under Secretary of Commerce for International Trade Marisa Lago will co-chair the meeting, the Ministry of Commerce said in a weekly news conference in Beijing. "The two sides will have in-depth exchanges of views on a wide range of topics, including their respective economic and trade policy concerns, corporate demand and practical cooperation," said He Yadong, a spokesman for the ministry. Experts and business executives noted that with the U.
S. presidential election approaching, holding such a meeting will provide clarity on the direction of trade policies and regulations to exporters and investors on both sides. Given the interconnections of the global economy, any changes in China-U.
S. trade relations could have widespread repercussions, said Wang Xiaosong, a professor at Renmin University of China's School of Economics in Beijing. The U.
S. remains China's third-largest trading partner, with bilateral trade value reaching 2.72 trillion yuan ($383.
1 billion) in the fir.