China and the United States held candid and constructive consultations on economic and trade issues in the Republic of Korea, led by Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent, reported China Daily.

The Ministry of Commerce stated that the talks focused on deepening cooperation and were guided by the consensus reached between the two heads of state. Both sides emphasized mutual respect, peaceful coexistence, and win-win cooperation.

This was the seventh round of consultations since May 2025, following meetings in Geneva, London, Stockholm, Madrid, Kuala Lumpur, and Paris. Progress has been made in tariff reduction, supply chain coordination, export controls, market access, and mechanisms for continued dialogue.

Market observers noted that predictable China-US business ties are vital for global growth, investment confidence, and supply chain resilience. Oliver Oehms of the German Chamber of Commerce in China-North China stated that stable relations would strengthen industrial resilience and boost consumption worldwide.

Zheng Yongnian of The Chinese University of Hong Kong (Shenzhen) remarked that China-US economic ties are central to global supply chain stability. He highlighted China's strengths in applied technology, manufacturing scale, and demand for agricultural products, while the US remains strong in research, financial services, and energy output.

Mr. Zheng added that the two economies are highly complementary and that closer integration would generate broad positive spillovers for global growth.