China says willing to facilitate two-way agricultural trade with US

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China's Ministry of Commerce. /VCG

China is ready to work with the United States to create favorable conditions for two-way agricultural trade, a spokesperson for the Ministry of Commerce said on Thursday.

Responding to a question on whether China would reduce or cancel tariffs on US agricultural products, spokesperson He Yadong said agricultural trade is an important part of China-US economic and trade cooperation.

Following recent economic and trade consultations, the two sides have set guiding targets for expanding two-way agricultural trade and agreed in principle to include relevant agricultural products in arrangements under a reciprocal tariff-reduction framework, He said.

Companies will conduct trade independently in line with market principles and based on actual demand and market conditions, the spokesperson added.

Source(s): Xinhua News Agency

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