The China-US high-level economic and trade talks were held in Geneva, Switzerland.

From May 10th to 11th, local time, the Chinese leader of the China-US economic and trade team, Vice Premier of the State Council, He Lifeng, and the American leaders, US Treasury Secretary Bezent, and Trade Representative Grier, held high-level economic and trade talks in Geneva, Switzerland. The two sides had frank, in-depth, and constructive communication around the implementation of the important consensus reached in the January 17th China-US summit call, reaching a series of important agreements and making substantive progress in the talks. He Lifeng stated that China and the US have broad common interests and vast space for cooperation, and the essence of the economic and trade relationship between the two countries is mutually beneficial and win-win. As two major countries in different stages of development and with different economic systems, it is normal for China and the US to have differences and frictions in economic and trade cooperation. The key is to follow the important consensus of the two countries' leaders as a guide, uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation, and find ways to properly solve problems through equal dialogue and consultation. There are no winners in a trade war. China does not want a trade war, but is not afraid of one. If the US insists on infringing on China's interests, China will resolutely fight back and stand firm. Maintaining the healthy, stable, and sustainable development of China-US economic and trade relations is in the fundamental interests of both countries and their peoples and also benefits global economic growth. Both sides agreed to establish an economic and trade negotiation mechanism to maintain communication on each other's concerns in the economic and trade fields.