US Treasury Secretary Steven Mnuchin is leading a delegation of trade negotiators and economic advisors to China today. Vice Premier Liu He, the country's top economic official, will head the Chinese side. The Chinese Foreign Ministry has welcomed the visit, saying talks will be constructive to trade ties, as long as the delegation comes with sincerity and an attitude of mutual respect.

HUA CHUNYING SPOKESPERSON, CHINESE FOREIGN MINISTRY "As the world's largest and second largest economies, the US and China decided to manage their differences and protect the stability of bilateral trade ties through talks and negotiations. This is no doubt in the fundamental interests of the two nations. This has met the expectations of the international community and is significant to the stability and revival of the world economy. Of course, taking into consideration the huge volume and complexity of the two countries' economies, it might not be that realistic to settle all the problems through only one dialogue. But we believe as long as the US comes to talk with sincerity to maintain a stable trade relationship, and with the attitude of mutual respect, equality and mutual benefits, the talks will be constructive. "