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Monday, December 09, 2019, 18:22
MOC: China still looking for satisfactory trade solution
By Jing Shuiyu and Zheng Yiran
Monday, December 09, 2019, 18:22 By Jing Shuiyu and Zheng Yiran

China hopes to settle trade issues with the United States as soon as possible in a way that satisfies both sides, an assistant commerce minister said on Monday.

Assistant Commerce Minister Ren Hongbin said China hopes the two sides will advance trade consultations in line with the principles of equality and mutual respect, take into account each other's core concerns and achieve satisfactory results as soon as possible.

ALSO READ: China, US agree to solve issues on core concerns in trade talks

The nature of Sino-US economic and trade cooperation is mutually beneficial, Ren said during a press briefing in Beijing.

Since early October, China and the US have been negotiating a phase one dealaimed at de-escalating the prolonged trade dispute.

READ MORE: Ministry: Rollback of extra tariffs crucial to trade deal

The US is scheduled to impose another round of tariffs against Chinese goods on Dec 15.

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