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China-U.S. Economic Working Group Concludes Constructive Fifth Meeting in Beijing

The fifth meeting of the China-U.S. economic working group concluded in Beijing on Friday, marking a significant step in the ongoing dialogue between the two largest economies. Held over two days, the meeting featured candid and constructive discussions on a range of critical issues affecting both nations and the global economy.

According to China's Ministry of Finance, representatives from both sides engaged in deep exchanges on topics including macroeconomic policies, responses to global challenges, and issues of mutual concern. The discussions were characterized by pragmatism and a shared commitment to addressing economic challenges through cooperation.

China expressed serious concerns regarding U.S. tariffs on Chinese goods, restrictions on investments, sanctions related to Russia, and actions impacting Chinese companies' interests. The Chinese side emphasized the importance of resolving these issues to foster a more stable and mutually beneficial economic relationship.

The meeting was co-chaired by Chinese Vice Minister of Finance Liao Min and U.S. Deputy Secretary of the Treasury Wally Adeyemo. Officials from relevant departments of both countries' economic sectors participated in the discussions, underscoring the depth of engagement between the two sides.

Both parties agreed to maintain open lines of communication, acknowledging that sustained dialogue is essential for managing differences and promoting global economic stability. The collaborative spirit of the meeting reflects a willingness to work through complex issues and seek common ground.

This fifth meeting of the economic working group signals a continued effort by China and the United States to navigate the complexities of their economic relationship, with implications not only for both nations but also for the broader international community.

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