US and China economic delegations hold critical meeting in New York

US and China economic delegations, led by Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, held an all-day meeting at JPMorgan Chase's headquarters in New York.

Critical Meeting in New York

The US delegation led by Treasury Secretary Scott Bessent and the Chinese delegation led by Vice Premier He Lifeng came together at JPMorgan Chase's Manhattan headquarters in New York, and the meeting lasted all day.

Trade and Artificial Intelligence Topics

Following the meeting, Bessent stated in a declaration that they had a very successful discussion with China regarding trade and artificial intelligence, noting that the issues addressed in previous talks in Beijing were being operationalized.

AI Dialogue and Notification Mechanism

The US side proposed establishing a notification mechanism between the two countries regarding artificial intelligence under the name "US-China AI Dialogue," and the parties stated their desire to work on a shared vision.

Preparation for Leaders' Visit

While US Trade Representative Jamieson Greer emphasized the importance of the world's two most powerful nations being able to work together, it was conveyed that these talks serve as preparation for Chinese President Xi's expected visit to the US this week.