(Washington / Beijing Comprehensive News) Sino -US trade negotiations restarted. People familiar with the matter pointed out that although Beijing is willing to make concessions, the reform promises to make a heavy bomb, and China and the United States may experience a long negotiation.
Reuters quoted three US government sources that China had responded to the United States' requirements for comprehensive trade reform, but did not mention the specific content of written reply.
Bloomberg also quoted three people familiar with the matter and said that Chinese officials have listed a series of concessions to the US government to try to resolve the trade war between the world's two major economies.However, the two people familiar with the matter pointed out that the current commitment made by China is far from the major structural reform required by the US President Trump, and there is still a long way to go to negotiate between the two sides.
A person familiar with the matter revealed that most of the content of the document seemed to rewrite the measures that China had taken, such as increasing the restrictions of foreign investors in some industries.The document does not include a commitment to change the industrial policy such as changing the 2025 plan of China.
The goal of Made in China 2025 is to let China get rid of its dependence on foreign high -tech industries.Trump previously pointed out that the plan was unacceptable because this means that China will lead the global economy in 2025.
Therefore, a person familiar with the matter said that Trump and the Chinese leader's meeting at the end of the month at the G20 summit at the end of the month could reach a substantial agreement to make the outside world doubt.However, a person familiar with the matter said that the Sino -US dialogue is continuing and constructive.
Liu He, Vice Premier of the State Council of China, had called on Friday (9th) with US Treasury Secretary Mnuchin.US Minister of Commerce Ross also revealed the day before yesterday that Liu He is likely to visit Washington in the near future.
Gao Feng, a spokesman for the Chinese Ministry of Commerce, confirmed at a routine press conference yesterday that after the call of the heads of state between China and the United States on the 1st of this month, the high -level contact between the two parties in the economic and trade field of the two parties had resumed.He said: Sino -US economic and trade relations are in two benefits, but they hurt.We still hope to properly solve the differences between the two parties through dialogue and consultation, and create a stable and expected trade environment for enterprises on both sides.
The President of the National Economic Commission, Kudelo, also said the day before yesterday that the government of the United States and China has resumed communication at all levels.
