China and U.S. agree to set up trade council under consultation mechanism

China and U.S. agree to set up trade council under consultation mechanism

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News Editor
2026-09-28 01:03:46
ChainCatcher reported that an official from the Department of American and Oceanian Affairs under China’s Ministry of Commerce interpreted the outcome of the eighth round of China-U.S. economic and trade consultations. According to the official, the two sides agreed to establish a China-U.S. Trade Council under the bilateral economic and trade consultation mechanism. Its main task will be to optimize bilateral trade. The two countries’ economic and trade teams have also reached consensus on the council’s mandate, structure, responsibilities, and consultation arrangements. Further details will be announced later. The update was published as a 7x24 newsflash by ChainCatcher.

According to ChainCatcher, an official from the Department of American and Oceanian Affairs under China’s Ministry of Commerce commented on the outcome of the eighth round of China-U.S. economic and trade consultations.

The two sides agreed to establish a China-U.S. Trade Council under the China-U.S. economic and trade consultation mechanism, with the main task of optimizing bilateral trade.

Their economic and trade teams have reached consensus on the council’s mandate, structure, responsibilities, and consultation arrangements. Further details will be announced later.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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