China, US wrap up trade talks, reach consensus

Chinese Vice-Premier Wu Yi (C) gestures during the 17th meeting of the Sino-U.S. Joint Commission on Commerce and Trade opened in Washington April 11. Wu Yi, U.S. Secretary of Commerce Carlos Gutierrez (L) and Trade Representative Rob Portman co-chaired the meeting Tuesday. (Xinhua)

    WASHINGTON, April 12 (Xinhua) -- China and the United States wrapped up their annual trade negotiations in Washington Tuesday with consensus reached on a series of issues.

    At the day-long meeting, the two sides agreed that the China-U.S. High Technology and Strategic Item Trading Working Group will be established under the China-U.S. Joint Commission on Commerce and Trade (JCCT) framework, the officials said at a press conference on Tuesday.<<Full Story

Opinions:

Trade deals reflect resolve to cut surplus Trade needs dose of reason China-US economic relations maintain fast growth momentum China, US trade problems should not be politicized     --Related report: Gutierrez visits China

Bush meets Chinese Vice Premier

United States President George W. Bush (R) meets with Chinese Vice-Premier Wu Yi at the White House in Washington April 12. (Xinhua)

    WASHINGTON, April 12 (Xinhua) -- U.S. President George W. Bush said Wednesday that the success of the 17th meeting of the U.S.-China Joint Commission on Commerce and Trade (JCCT) would help reduce trade frictions between the two countries. <<Full Story

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