The high-level economic and trade talks between China and the United States were held in Geneva, Switzerland from May 10th to 11th. He Lifeng, the Chinese head of China-Us economic and trade talks and vice premier of The State Council, said at a press conference held by the Chinese delegation on the evening of the 11th local time that the high-level economic and trade talks between China and the United States were candid, in-depth and constructive, reaching important consensus and making substantive progress. Both sides unanimously agreed to establish a China-Us economic and trade consultation mechanism. China and the United States will finalize the relevant details as soon as possible and release the joint statement reached during the talks on May 12.