Yellen and He Lifeng agreed to ＂strengthen communication＂.

The US Treasury Secretary Yellen and the Vice Premier of the State Council in charge of the economy, He Lifeng, agreed to "strengthen communication" and cooperate with a series of economic, financial stability and regulatory issues. Both parties emphasized not to seek economic decoupling.

Reuters reported that the US Treasury Ministry issued a statement on Friday (November 10) that the two of them "on the US -China -China bilateral economic relations, as well as extensive issues including cooperation and different areas, frank, direct, and directAvital discussion. "

At the invitation of He Lifeng, Yellen will visit China again next year.

Yellen and He Lifeng held two days of talks in San Francisco on the 9th and 10th.The U.S. Treasury Department said: "During the meeting, Minister Yellen emphasized the importance of managing bilateral economic relations in charge, including maintaining elastic communication channels."

Yellen and He Lifeng exchanged views on the domestic macroeconomic and financial development in China, and Yellen acknowledged that "the global economy is facing major resistance and risks."

Yellen emphasized in the talks that Russia needs to end Ukraine , and emphasized that Chinese companies "must not provide material support for the Russian defense industry department."

The U.S. Treasury Department said that the two also discussed Israel and HamasThe war , Yellen talked about the necessity of "preventing and expanding in the Middle East."

Yellen and He Lifeng agreed to seek common solutions, solve the differences as much as possible, and avoid misunderstandings that may cause "unexpected upgrades".

Both parties promise to solve problems such as climate change and debt, including significantly increasing the payment share of the International Monetary Fund (IMF) and accelerating the development of multilateral development banks.

Chinese official will be from November 14th to 17th, US San Francisco and the United States and the United StatesPresident Biden held the Sino -US dollar meeting , and at the same time attended the 30th Assembly Meeting of the Asia -Pacific Economic Organization (APEC).