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On the eve of the Sichuan-Xi meeting, He Lifeng held a video conference with Besant and Greer on economic and trade issues. On the one hand, both sides emphasized continuous and stable development, and on the other hand, they exchanged views on restrictive measures, commitment fulfillment and key mineral procurement.
Talks between the presidents of China and the United States are expected to take place at the Asia-Pacific Economic Cooperation (APEC) meeting in the middle of this month.APEC ) was held for the third time this year”sichuan zihui “Earlier, Chinese Vice Premier He Lifeng held a meeting with the US Treasury Secretary on the evening of the 6th.Besant Video call with business representative Greer. China’s press release said China expressed “serious concern” over the recent US economic and trade sanctions on mainland China, and the two sides agreed to promote the sustained, stable and positive development of China-US economic and trade relations.
On the eve of the Trump-Xi meeting, Chinese and US economic and trade officials once again launched preliminary consultations on economic and trade issues. Xinhua News Agency reported that on the evening of November 6, Beijing time, the Chinese leader, Vice Premier He Lifeng, on the China-US issue. Economic and trade relations, US leaders held a video call with US Treasury Secretary Scott Besant and Trade Representative Jameson Greer.
According to the report, the two sides had frank, in-depth and constructive exchanges on key economic and trade issues of mutual concern, focusing on the implementation of the important consensus and economic and trade consultation outcomes of the meetings between the Chinese and US presidents in Beijing and Washington. China has expressed serious concern over the recent economic and trade sanctions imposed against China by the United States.
The report said that under the strategic guidance of the two heads of state, the two sides agreed to fulfill the role of the China-US economic and trade consultation mechanism, strengthen cooperation, properly manage differences, promote the sustained, stable and positive development of China-US economic and trade relations, and help build “a constructive strategic and stable relationship between China and the United States based on respect, fairness and reciprocity.”
According to a press release from the US Treasury Department, Besant stressed the importance of China’s full and immediate implementation of the Busan Summit commitments in October 2025 and expressed concern about China’s recent actions. He pointed out that whether any progress is made on these commitments depends on the actual results, and the United States will closely evaluate China’s implementation.
The Office of the U.S. Trade Representative (USTR) said Greer explained during the call that China must take practical action to fully implement its previous commitments, especially in purchases of agricultural products, rare earths and other critical minerals. The Trump Administration will continue to promote the US-China trade balance, monitor performance on commitments, and create long-term benefits for American farmers, agriculture, ranchers, manufacturers, and workers.
Summary FAQ
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The phone call came ahead of the presidents of China and the United States expected to hold the third Trump-Xi meeting during APEC this year. It is a preparatory consultation for economic and trade negotiations, aimed at paving the way for high-level meetings and reducing economic and trade frictions.
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China expresses grave concern about the recent economic and trade sanctions imposed by the United States on China, and hopes that the two sides will abide by the consensus reached by the heads of state, continue to cooperate through the economic and trade consultation mechanism, properly manage differences, and maintain stable relations.
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The United States stressed that China should fully and promptly implement its Busan Summit commitments, especially on issues such as agricultural product purchases, rare earths and other critical minerals, and said it would closely evaluate the implementation results.
