China, US to meet on business, trade

China and the United States will hold their annual meeting to discuss business ties and trade issues next week, Foreign Ministry spokesman Hong Lei said Friday.

Chinese Vice Premier Wang Yang, U.S. Secretary of Commerce Penny Pritzker and Trade Representative Michael Froman will co-chair the meeting, Hong told a regular briefing.

The 24th Session of China-U.S. Joint Commission on Commerce and Trade (JCCT) was slated for Dec. 19-20 in Beijing.

The JCCT was launched in 1983 as a platform for the two countries to promote trade and address issues of mutual concern.