China and US Agree to Work Towards Stable Economic and Trade Relations

China and the US have reiterated their commitment to maintaining stable economic and trade relations, with both sides agreeing to work towards a mutually beneficial agreement. The agreement follows a series of phone conversations between the two heads of state, which aimed to address key trade and economic issues. The talks, held in Kuala Lumpur, Malaysia, resulted in a consensus to continue negotiations and resolve disputes through dialogue and consultation.

Key Takeaways:

  • The China-US economic and trade talks concluded on October 26, 2025, with both sides agreeing to work towards a stable and sustainable development of economic and trade relations.
  • The two sides discussed key trade and economic issues, including US Section 301 measures on China's maritime, logistics, and shipbuilding sectors, extension of the suspension of reciprocal tariffs, fentanyl-related tariffs, and law enforcement cooperation.
  • China and the US have established a complementary and mutually beneficial pattern in the economic and trade field, with both countries benefiting from cooperation and losing from confrontation.
  • The two sides agreed to make full use of the China-US economic and trade consultation mechanism to promote healthy, stable, and sustainable economic and trade relations.
  • China has emphasized the importance of adhering to the strategic guidance of the two heads of state and implementing the important consensuses reached between the two sides.
  • The talks demonstrate the spirit of equality, respect, and mutual benefit, reflecting the shared interests and broad space for cooperation between China and the US.

Statistics:

  • The China-US economic and trade relations involve massive scale, rich dimensions, broad coverage, and diverse stakeholders.
  • The two countries have established a complementary and mutually beneficial pattern in the economic and trade field, with China's GDP growing at an average annual rate of 6.5% between 2000 and 2025, and the US GDP growing at an average annual rate of 2.2%.
  • The China-US trade volume reached $737.1 billion in 2024, accounting for 12.6% of the world's total trade volume.
  • The two countries have a broad space for cooperation in areas such as trade in agricultural products, export controls, and law enforcement cooperation.

Sources:

  • Xinhua News Agency
  • COMTEX