China says trade frictions with the US has been dealt with proactively

China says trade frictions with the US has been dealt with proactively

The two countries have cooled their trade war this month, announcing a 'phase one' of the trade agreement.

BEIJING:
China’s Commerce Ministry has “proactively dealt with” trade frictions with the United States this year, it said on Sunday after an annual work conference.

The ministry has implemented the decisions of the central government and “resolutely safeguarded the interests of the country and the people”, it said in a statement on its website.

The United States and China cooled their trade war this month, announcing a “Phase one” agreement that would reduce some US tariffs in exchange for what US officials said would be a big jump in Chinese purchases of American farm products and other goods.

China’s commerce ministry has said it is in close touch with the United States on signing the trade deal, and both sides are still going through necessary procedures before the signing.

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