The first meeting of the China-US economic and trade consultation mechanism was held in London, the UK.

       From June 9th to 10th local time, He Lifeng, the Chinese leader for China-US economic and trade affairs and Vice Premier of the State Council, held the first meeting of the China-US economic and trade consultation mechanism in London, UK, with the US leaders, US Treasury Secretary Bessent, Commerce Secretary Rutnick, and Trade Representative Greer. The two sides had a candid and in-depth dialogue, exchanged in-depth views on economic and trade issues of mutual concern, reached a principled agreement on the measures framework for implementing the important consensus of the phone call between the two heads of state on June 5th and consolidating the results of the Geneva economic and trade talks, and made new progress in addressing each other's economic and trade concerns. He Lifeng said that this meeting is an important consultation carried out under the guidance of the strategic consensus reached by the two heads of state on June 5th this year. China's attitude and position on China-US economic and trade issues are clear and consistent. The essence of China-US economic and trade relations is mutual benefit and win-win results. In the economic and trade field, cooperation between China and the United States benefits both sides, while confrontation hurts both. There are no winners in a trade war. China does not want to fight one, but it is not afraid to either. The two sides should resolve economic and trade differences through equal dialogue and mutually beneficial cooperation. China is sincere and has principles in economic and trade consultations. Next, the two sides should give full play to the role of the China-US economic and trade consultation mechanism in accordance with the important consensus and requirements reached in the phone call between the two heads of state, continuously enhance consensus, reduce misunderstandings, and strengthen cooperation. China reiterates that the two sides should meet each other halfway, keep their words and act upon them, show the integrity of abiding by commitments and take practical actions to implement the consensus, jointly safeguard the hard-won dialogue results, continue to maintain communication and dialogue, promote the stable and long-term development of China-US economic and trade relations, and inject more certainty and stability into the world economy. The US side said that this meeting achieved positive results, further stabilized bilateral economic and trade relations, and will meet China halfway in accordance with the requirements of the phone call between the two heads of state and jointly implement the consensus reached at this meeting.