Chinese language and U.S. flags flutter close to The Bund, earlier than U.S. commerce delegation meet their Chinese language counterparts for talks in Shanghai, China July 30, 2019.

Aly Tune | Reuters

BEIJING — The leaders of commerce talks between the U.S. and China held their first name Thursday beneath U.S. President Joe Biden’s administration, China’s Ministry of Commerce mentioned.

U.S. Commerce Consultant Katherine Tai and Chinese language Vice Premier Liu He had a “candid, pragmatic and constructive” dialog, the ministry mentioned in a Chinese language-language on-line assertion, translated by CNBC.

The assertion didn’t share any particulars on developments for commerce, or whether or not tariffs utilized beneath the Trump administration can be rolled again.

Nonetheless, the ministry mentioned either side agreed to additional communication and characterised the decision as one bearing an angle of “mutual respect.” Beijing typically makes use of the phrase when calling for extra favorable communication with the U.S.

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