2018年CRI Ceasing trade war embodies US and China's mutual appeal: Liu He

（单词翻译）

The head of the Chinese delegation¹ which took part in the latest round of US-China trade talks in Washington is putting a positive spin on the results of the sessions.

Reviewing the talks which wrapped up on Saturday, Liu He, Chinese President Xi Jinping's special envoy² and Vice³ Premier⁴, has described the talks as positive, constructive⁵ and fruitful.

Liu He says the results are the collection of a unified⁶ voice from all sides to avoid a trade war.

"By 'US side' I mean the US government, Senate, House of Representatives, businesses, and people. By 'Chinese side' I mean the Chinese government, people, and enterprises. Their strongest appeal is to stop trade war and stop imposing⁷ tariffs⁸ against each other."

The latest round of US-China talks wrapped up on Saturday, with both sides issuing a joint⁹ statement vowing¹⁰ not to launch a trade war against each other.

The two sides have also promised to develop stronger bilateral¹¹ ties in economics, trade and investment.

Specifically, Liu He says the two sides reached deals in areas including agricultural products, energy and export.

Liu He says one of the areas where the Chinese side can help reduce the trade defecit is through China's growing spending power.

"You know in China, the Chinese people really like to buy more and the Chinese market will be the largest market in the world. So to increase import and rebalance the economy and also expanding domestic demand is our national policy."

Meanwhile, Liu He says the US side also needs to dial back the rhetoric¹².

"To gain shares in the (Chinese) market, (the US) must look after Chinese people's feelings. If Chinese people don't' want to buy their products, any conditions will be in vain."

Meanwhile, US Treasury¹³ Secretary Steven Mnuchin has also gone on-record saying the two sides have agreed to put a possible trade war on hold.

This includes the US side backing away on plans to implement¹⁴ threatened tariffs on Chinese products heading into the US, with Mnuchin saying two sides intend to continue to keep the lines of communications open on trade issues.