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Chinese foreign relations

China, US Reach Basic Consensus on Trade Concerns after Kuala Lumpur Talks

Strategic Insights

— 1 min read

Chinese Vice Premier He Lifeng stated that the essence of China-U.S. economic and trade relations is mutual benefit and win-win results, adding that the two countries gain from cooperation and lose from confrontation. The delegation's talks in Kuala Lumpur were guided by the consensuses reached by the two heads of state in their phone conversations this year. The discussions covered various trade and economic issues, including Section 301 measures, reciprocal tariffs, fentanyl-related tariffs, law enforcement cooperation, trade in agricultural products, and export controls. The two sides agreed to work out specific details and follow domestic approval processes.

Key Takeaways:

  • The two-day talks in Kuala Lumpur resulted in a basic consensus on arrangements to address respective trade concerns between China and the US.
  • Chinese Vice Premier He Lifeng emphasized that the essence of China-U.S. economic and trade relations is mutual benefit and win-win results, with both countries gaining from cooperation and losing from confrontation.
  • The talks focused on key trade and economic issues, including the US Section 301 measures on China's maritime, logistics, and shipbuilding sectors, as well as reciprocal tariffs, fentanyl-related tariffs, law enforcement cooperation, trade in agricultural products, and export controls.
  • The two sides agreed to work out specific details and follow the domestic approval processes of each side.
  • He Lifeng urged the US side to work with China in the same direction and implement the gains of bilateral trade talks held this year to further build mutual trust and manage differences.
  • The US side expressed willingness to work with China in the spirit of equality and respect to properly address differences, deepen cooperation, and promote shared development.

Statistics:

  • The talks covered various trade and economic issues, including Section 301 measures, reciprocal tariffs, fentanyl-related tariffs, law enforcement cooperation, trade in agricultural products, and export controls.
  • The deputy-level economic and trade dialogue between China and the US has been ongoing throughout the year, with the current talks being the latest iteration.
  • The talks were guided by the consensuses reached by the two heads of state in their phone conversations this year.

Sources:

  • Xinhua News Agency, October 26, 2025

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