(Beijing / San Francisco Comprehensive News) After the first meeting of the US dollar, Chinese Minister of Commerce Wang Wentao and the US Minister of Commerce Raymond on Thursday (November 16) held talks in San Francisco to reach the support of the two countries to carry out provincial and state economic and trade cooperationWait for a number of consensus.However, in key issues such as trade tariffs and chip export restrictions, the talks have not made substantial progress.

This is the first ministerial talks after the establishment of the communication mechanism of the Ministry of Commerce of China and the United States.According to the news released by the Ministry of Commerce of China, the two sides conducted pragmatic, constructive and effective communication on economic and trade relations between China and the United States and common concern.

Wang Wentao emphasized in the talks that the generalization and politicalization of national security have affected normal trade and investment, and the two parties discuss the issue of national security borders in the economy and trade.He also expressed concerns about the US semiconductor export control of China, sanctions on Chinese enterprises, two -way investment restrictions, and tariff issues.

After the US President Biden took office, he retained the Trump administration's extra tariffs on a large number of Chinese goods, and increased the restrictions on exporting advanced chips and its manufacturing equipment to China on the grounds of security.

According to the statement of the Ministry of Commerce of China, the talks have achieved a number of achievements, including the Ministry of Commerce of the two countries in the first quarter of next year to hold the first meeting of the business group (deputy ministerial level) dialogue;Promote activities; jointly promote the effectiveness of Sino -US enterprises cooperation and docking projects, and add project office.

The U.S. Department of Commerce has not yet released the detailed content of the meeting between the two countries.The New York Times reported earlier that Raymond Duo said on Wednesday (November 15) in a welcome dinner that the United States hopes to maintain a stable trade relationship with China, and says that many participants still have strong business activities in China.interest.

Chinese officials also attend this dinner.Attending the dinner included American company executives such as Apple, Blackstone Group, Boeing, Pfizer, Nike, and Federal Express.

Due to the increased demand for Chinese consumer goods in China, China's demand for agricultural products and energy in the United States is also increasing. Sino -US bilateral trade reached a historical high of $ 690 billion (927.5 billion yuan) last year.However, in the first nine months of this year, the bilateral trade volume of China and the United States decreased by $ 104 billion compared with the same period last year, a decrease of 19%.