The US Treasury Minister Yellen announced on Saturday (September 7) that she may meet again with Chinese Vice Premier He Lifeng.
According to Reuters, Yellen said at an event held at Austin, Texas that she still has a lot of work to do in the Fiscal Department in the next few months, including may meet with He Lifeng again, try to borrow borrowing borrowingHere is Sino -US relations that become nervous from time to time.
Yellen met He Lifeng during his visit to China in April this year.She called on China to control excess industrial capacity.U.S. President Biden decided to significantly improve tariffs on electric vehicles, batteries, solar products and semiconductors made of electric vehicles, batteries, solar products and semiconductors made in China.
Xinhua News Agency reported that the two sides conducted in -depth, frank, pragmatic, and constructive exchanges on the two countries and the global macroeconomic situation, Sino -US economic relations and global challenges.Under the financial working group, it discussed issues such as the growth of China and the United States and the global economic balance, financial stability, sustainable finance, and anti -money laundering cooperation.China has expressed serious concern on the US economic and trade restrictions in China and fully responded to capacity issues.The two sides agreed to continue to communicate.
Yellen said at Austin's event that she welcomes Chinese personnel to visit the United States, but she may also visit China again.
Reuters also reported that Jay Shambaugh, deputy Minister of Finance, will lead the delegation to Beijing to discuss economic issues in the near future.The US -China Economic Working Group led by Shangbo will solve the problem of excess production of Chinese factories as the primary problem.
Yellen believes that the next US government needs to give priority to and cultivate Sino -US relations and discuss between the highest level and institutional staff.
On the other hand, Wang Shouwen, the representative and deputy minister of the Ministry of Commerce of China, and the Deputy Minister of Commerce Marisa Lago in Tianjin in TianjinGroup deputy ministerial meeting.
Wang Shouwen emphasized at the meeting that a modern China with a huge population is an opportunity for the United States, not a threat.The Ministry of Commerce of China introduced on the official website that China focused on expressed concerns about the United States' 301 surveys on China ’s 301 tariffs and shipbuilding industries.
