My colleague Tian Wei talked to China's minister in charge of market regulation and asked him about trade negotiations with the United States.

ZHANG MAO MINISTER, STATE ADMINISTRATION FOR MARKET REGULATION "The China-US trade negotiations are related to a lot of work of the State Administration for Market Regulation, such as intellectual property rights and the business environment. We need to update our ways of doing things with international practices to better advance globalization and to further integrate into the global system. China didn't have much experience in intellectual property right protection. We can learn from the world's best practices in order to encourage innovation and technological progress, and to improve product quality. In that sense, the China-US trade negotiations played a positive role. It would be difficult to predict the outcome of negotiations. From the experience, we can learn what we need to improve, and make our business rules and business environment more in line with international standards."