The Sino-US economic and trade talks are held in Stockholm, Sweden.

On July 28th to 29th local time, Chinese leader and Vice Premier of the State Council, He Lifeng, and American leaders, US Treasury Secretary Yellen and Trade Representative Tai, held a China-US economic and trade dialogue in Stockholm, Sweden. Both sides had candid, in-depth, and constructive exchanges on economic and trade issues of mutual concern such as China-US economic and trade relations and macroeconomic policies, reviewing and affirming the consensus reached in the Geneva economic and trade talks and the implementation of the London framework. According to the consensus reached during the dialogue, both sides will continue to push for the extension of the 90-day suspension of the 24% retaliatory tariffs imposed by China and the corresponding countermeasures by the United States. He Lifeng stated that the economic and trade teams of both China and the US should follow the important consensus reached during the phone call between the leaders of the two countries on June 5th, adhere to the principles of mutual respect, peaceful coexistence, and win-win cooperation, respect each other's concerns, further consolidate consensus, and deepen mutual trust. China's position on China-US economic and trade relations is consistent, the essence of China-US economic and trade relations is mutual benefit and win-win cooperation, both sides have a wide range of common interests and broad space for cooperation in the economic and trade field, cooperation is beneficial while confrontation is harmful. A stable, healthy, and sustainable China-US economic and trade relationship is not only conducive to achieving their respective development goals but also to promoting the development and stability of the world economy. Next, both sides should continue to follow the important consensus reached during the phone call between the leaders of the two countries, make full use of the China-US economic and trade consultation mechanism, continuously enhance consensus, reduce misunderstandings, strengthen cooperation, further deepen dialogue and negotiation, and constantly strive for more win-win results. The US side stated that a stable US-China economic and trade relationship is of great significance to both countries and the global economy, and is willing to continue to negotiate and resolve economic and trade disputes through the China-US economic and trade consultation mechanism, push for more negotiation outcomes, and further stabilize the US-China economic and trade relationship.