Chinese Vice Premier He Lifeng held crunch talks with U.S. Treasury Under Secretary Jay Shambaugh in Beijing this week, as both superpowers work to stabilize their $700B+ economic relationship. The meeting comes amid global market jitters over trade policies and tech competition.
Key Priorities on the Table
He emphasized implementing agreements from November's Biden-Xi summit in San Francisco 🗣️, urging both sides to use the China-U.S. economic working group as a 'bridge for practical cooperation.' Topics included supply chain stability, green tech investments, and market access reforms.
Why This Matters for Gen Z
🔍 Students and young professionals take note: These talks could shape everything from smartphone prices to climate tech jobs. He stressed that stronger cooperation 'brings real benefits to our people' – including 9.3M U.S. jobs tied to China trade.
