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China-US reach new consensuses and consultations will continue, MOFCOM spokesperson says on Paris trade consultations

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March 19, 2026
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China-US reach new consensuses and consultations will continue, MOFCOM spokesperson says on Paris trade consultations
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Global Times: When asked by foreign media for comment on whether the China-US economic and trade consultations in Paris discussed rare earths or controls on rare earth exports, and whether there were any new agreements on the long-term China-US trade consultation framework or on the US allowing Chinese companies to invest in the US, He Yongqian, a spokesperson for China’s Ministry of Commerce (MOFCOM), said at a regular press conference on Thursday that on March 15-16 local time, China’s Vice Premier He Lifeng met in Paris with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer for China-US economic and trade consultations.

Guided by the important consensus between the two heads of state, both sides conducted candid, in-depth, and constructive exchanges on issues of mutual concern, including tariff arrangements, promotion of bilateral trade and investment, and maintaining existing consultation agreements, the spokesperson said, noting that some new consensuses were reached and consultations will continue.

Both sides agreed to explore the establishment of a mechanism to expand economic and trade cooperation, continue to make good use of the China-US economic and trade consultation mechanism, strengthen dialogue and communication, properly manage differences, expand practical cooperation, and promote the sustained and stable improvement of bilateral economic and trade relations, the spokesperson said.

Asked by foreign media regarding the working mechanism of the China-US economic and trade consultation in Paris, He Yongqian said that during the consultations, both sides agreed to explore establishing a working mechanism under the framework of the China-US economic and trade consultation mechanism to expand economic and trade cooperation, strengthen dialogue and communication, properly manage differences, expand practical cooperation, and promote the sustained and stable improvement of bilateral economic and trade relations.

When asked for comment on reports that the Chinese government has approved some companies to purchase NVIDIA H200 chips, the spokesperson said that she is not aware of the situation.

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