Economic and trade relations between China and the United States are mutually beneficial and China hopes the US can create favorable conditions for the two nations to expand their trade cooperation, the Ministry of Commerce said on Thursday.
The phase-one economic deal between China and the United States is beneficial not only to the two countries, but also the world, said Shu Jueting, spokeswoman of the Ministry of Commerce, when asked about the latest developments in implementing the deal.
China has exerted strenuous efforts to offset the negative impact of factors such as the COVID-19 pandemic, the global economic recession and the constraints of supply chains, to promote joint implementation of the agreement since the deal took effect, Shu said at an online media briefing.
She also said the economic and trade teams of the two nations have maintained normal communication, and the ministry will provide updates on any news.