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China’s He Lifeng Meets NCUSCR Delegation, Calls for Stable Economic Ties

Chinese Vice Premier He Lifeng met a delegation from the National Committee on U.S.-China Relations at the Diaoyutai State Guesthouse in Beijing on Dec. 12, saying President Xi Jinping’s recent state visit to the U.S. produced agreement on building a constructive strategic relationship based on respect, fairness and reciprocity. He said both sides should implement that consensus to inject certainty into economic and trade cooperation, and asked the NCUSCR to keep promoting bilateral economic engagement. The U.S. side said stable ties are important and it will keep serving as a bridge.

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AI take

The signal here is the framing rather than the meeting itself: Beijing is casting stable economic and trade cooperation as something that flows from political consensus reached at the top, with the NCUSCR positioned as the transmission channel for business engagement. That matters for U.S. firms and financial institutions with China exposure, since track-two groups often carry commercial messages when official channels are constrained. The open question is whether this emphasis on implementation translates into concrete movement on trade and market access, or remains a confidence-building gesture.

Generated by AI for reference only.

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