Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, July 14 (Xinhua) — China and the United States are accelerating efforts to implement the results reached in the framework of the agreements reached during the trade and economic talks in London, Wang Lingjun, vice-director of the General Administration of Customs (GAC), said on Monday.
Following positive progress in recent trade and economic talks in Geneva and London, trade volume between the two countries rebounded to over 350 billion yuan (about $49 billion) last month from less than 300 billion yuan in May, Wang Lingjun told a press conference.
Wang Lingjun said that China-US economic and trade cooperation is mutually beneficial in nature and reflects the irreversible historical trend of the globalization era, the objective requirement for deeper integration of industrial chains, as well as the practical need for innovation cooperation between enterprises of the two countries and improving the well-being of the peoples of the two countries.
Describing the consensus reached in Geneva and the framework established in London as “hard-won,” he expressed hope that the U.S. would move toward meeting each other halfway with China to make cooperation the central theme of bilateral economic and trade ties, steer the global trading system back toward fairness and openness, and contribute to global economic recovery and growth. -0-
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