Xinhua Commentary: Moving Towards Each Other to Inject Stability into China-U.S. Economic and Trade Relations

Jin10 Data reported on October 26 that a new round of China-U.S. economic and trade consultations concluded on the 26th in Kuala Lumpur, Malaysia. The essence of China-U.S. economic and trade relations is mutual benefit and win-win cooperation. Both sides benefit from cooperation and suffer from conflict. China and the U.S. have extensive common interests and broad cooperation space, having formed a pattern of complementary advantages and mutual benefits in the economic and trade field. As the world's two largest economies, China and the U.S. have vast and rich economic exchanges, covering a wide range of subjects, and it is normal to have differences. Regarding the differences and frictions that arise in economic and trade cooperation, both sides should adhere to the principles of mutual respect, peaceful coexistence, and win-win cooperation, and find proper solutions to each other’s concerns through equal dialogue and consultation. China and the U.S. can fully achieve mutual success and common prosperity, benefiting both countries and the world. The achievements of China-U.S. economic and trade consultations are hard-won and require joint maintenance by both sides. It is hoped that the U.S. side will work towards the Chinese side to effectively implement the important consensus reached during previous calls between the leaders of the two countries and the results of various economic and trade consultations this year, further accumulating mutual trust, managing differences, expanding mutually beneficial cooperation, and promoting the bilateral economic and trade relationship to continuously reach new heights.