China and the U.S. have reached a series of positive consensuses on resolving non-tariff barriers and market access issues for certain agricultural products, according to China’s Ministry of Commerce.
The two sides agreed in principle to include relevant products in a reciprocal tariff reduction framework and set guiding goals to expand bilateral agricultural trade.
NEWS SUMMARY
Bilateral trade between China and Russia reached $85.2 billion in the first four months, a 19.7% increase year-on-year.
China’s electric-vehicle charging infrastructure network expanded to nearly 22 million units by the end of April.
Contact editor Lin Jinbing (jinbinglin@caixin.com)