Chinese Vice Premier He Lifeng emphasized mutual cooperation during a meeting with U.S. House lawmakers in Beijing this week, signaling renewed efforts to stabilize economic relations between the world's two largest economies.
During talks with a bipartisan congressional delegation led by Representative Adam Smith, He stressed that last week's phone conversation between Chinese and U.S. leaders had created momentum for 'strategic guidance' in bilateral relations. The vice premier highlighted shared interests in trade and economic policy, urging both nations to 'build mutual trust through candid communication.'
'Our countries have vast cooperative potential across multiple sectors,' He stated, advocating for adherence to principles of mutual respect and win-win cooperation. He specifically called on U.S. legislators to help 'open communication channels' and foster dialogue between business communities.
The meeting comes as both nations navigate complex trade dynamics, with recent data showing bilateral goods trade reached $575 billion in 2023. Analysts suggest such high-level exchanges could pave the way for improved market access and reduced regulatory barriers.
