China and U.S. Agree to Establish Trade Consultation Mechanism

According to BlockBeats, the Chinese Ministry of Commerce held a routine press conference today, where a spokesperson addressed questions regarding the China-U.S. trade consultation mechanism. The spokesperson, He Yongqian, stated that China remains open to resolving trade concerns through dialogue and communication. Following the consensus reached during the China-U.S. talks in Geneva, both parties have agreed to establish a trade consultation mechanism to maintain communication on their respective trade concerns. China will release relevant information in due course.