The United States and China met on the 16th (local time) in Paris, France, for a high-level trade meeting and agreed to maintain stable economic and trade relations.
According to Reuters, Li Chenggang, China's international trade negotiator (vice minister), told reporters that day that "China and the United States agreed that a stable bilateral economic and trade relationship is beneficial to both countries and the world."
Li said the two sides discussed establishing bilateral working-level mechanisms to promote cooperation in trade and investment. U.S. Treasury Secretary Scott Bessent also said after the talks that conversations with the Chinese side were constructive.
Reuters reported that the two countries plan to create a trade committee and an investment committee to systematically manage trade and investment, increase commerce within the bounds of not harming national security, and address investment issues.
There were also discussions on critical minerals and energy, and the United States was said to have asked the Chinese side for a stable supply of yttrium, which is essential to the aerospace industry, and requested expanded purchases of Boeing aircraft and U.S.-produced energy resources.
Meanwhile, the items discussed at the Paris meeting are set to be finalized at the summit between President Donald Trump and Chinese President Xi Jinping in Beijing at the end of this month.