Spokesperson of the Ministry of Commerce answers questions from reporters on the situation of the United States canceling relevant trade restrictions on China.

Wisdom Financial APP learned that on July 4th, the spokesperson of the Ministry of Commerce answered questions from reporters on the situation of the US lifting restrictions on trade and economic measures against China. The spokesperson stated that after the China-US economic and trade consultations in London, both sides recently confirmed the specific details of implementing the important consensus reached during the June 5th telephone conversation between the leaders of the two countries and consolidating the results of the Geneva economic and trade negotiations. Currently, the two teams are stepping up the implementation of the relevant outcomes of the London framework. China is currently approving export license applications for controlled items that meet the conditions in accordance with laws and regulations. The US has also taken corresponding actions to lift a series of restrictive measures against China, and relevant information has been communicated to the Chinese side.