Vice Premier He Lifeng Holds Video Call with US Leads Bessent and Greer

On the evening of July 30, 2026, Chinese Vice Premier He Lifeng held a video conference with U.S. Treasury Secretary Bessent and U.S. Trade Representative Greer. According to official Chinese state media reports, the economic leads discussed implementing consensus from a previous presidential meeting in Beijing, maintaining stable bilateral trade ties, and expanding practical cooperation. During the exchange, Beijing expressed solemn concerns regarding recent U.S. trade and economic restrictions, while both sides agreed to leverage existing consultation mechanisms to enhance trust and maintain strategic stability.

Against a backdrop of persistent bilateral trade friction, high-level direct communication between Chinese and U.S. economic leads underscores ongoing efforts to maintain stable commercial ties and manage policy expectations. The agreement to utilize economic consultation mechanisms highlights a shared intent to maintain institutional communication channels despite unresolved regulatory and trade disputes.

Chinese Vice Premier He Lifeng held a video conference on the evening of July 30, 2026, with U.S. Treasury Secretary Bessent and U.S. Trade Representative Greer, according to official reports originating from Xinhua and published across Chinese government portals and state news outlets. The three officials serve as the designated lead representatives for Chinese and U.S. economic and trade affairs. According to the official Chinese releases, the primary objective of the high-level dialogue was to discuss concrete steps for implementing the consensus reached during a previous meeting between the heads of state of both nations in Beijing. The overall exchange between the Chinese vice premier and his U.S. counterparts was officially characterized as candid, in-depth, and constructive. During the call, both sides conducted detailed discussions on key priorities for managing bilateral commercial ties in the next phase. Their dialogue covered maintaining the overall stability of economic and trade relations, exploring ways to expand practical cooperation across areas of common interest, and finding appropriate solutions to address each side's major concerns. In the course of the call, the Chinese delegation explicitly raised solemn concerns regarding recent U.S. economic and trade restriction measures targeted against China. Notwithstanding these ongoing points of bilateral tension, both delegations affirmed their intent to proceed under the strategic guidance provided by their respective heads of state. To maintain stability, both sides agreed to further strengthen and utilize the U.S.-China economic and trade consultation mechanism, positioning it as an active vehicle for managing bilateral economic interactions and resolving differences. The two sides committed to using this consultation mechanism to intensify operational communication, build mutual trust, clear up misunderstandings, and expand practical economic cooperation. Official coverage emphasized that such efforts are designed to push U.S.-China economic and trade relations onto a stable and positive trajectory, thereby contributing to the broader goal of building a constructive strategic stability relationship between the world's two largest economies.