Liu He met with the US Treasury Secretary: We must

Source: Phoenix Satellite TV Information Station

Vice Premier Liu He of the State Council of China and Secretary of the Treasury of the United States Yellen held face-to-face talks in Zurich, Switzerland, on the 18th.

Liu He said that China and the United States need serious communication and coordination on climate change and economic issues, and he is ready to carry out professional, in-depth, frank and pragmatic exchanges.

Liu He said that we must focus on the overall situation, strive to properly manage differences, and seek to work together to maintain the overall stability of China-US relations.

Yellen said that the United States and China, as the two largest economies in the world, have a common responsibility to control differences and avoid competition from turning into conflict. She also pointed out that there was an urgent need for dialogue between the two countries on the macroeconomic and financial situation. Although there were differences between the two countries in some areas, they would be frank to avoid misunderstandings, especially to avoid unnecessary deterioration of bilateral economic and financial relations due to lack of communication.