Chinese Vice Premier He Lifeng, also a member of the Political Bureau of the Communist Party of China Central Committee, will lead a delegation to the Republic of Korea to hold economic and trade talks with the United States from May 12 to 13, a spokesperson for China's Ministry of Commerce announced on Sunday.

The two sides will take the important consensus reached by the two heads of state at the Busan meeting and previous phone calls as guidance, and conduct consultations on economic and trade issues of mutual concern, said the spokesperson.