China, US made ‘new progress’ in latest round of trade talks

Chinese and US flags are arranged during the third annual US-China Strategic and Economic Dialogue at the State Department in Washington. (Reuters pic)

BEIJING:¬†China and the United States made “new progress” in the round of trade talks that wrapped up on Friday in Washington, China’s official CCTV broadcaster reported late on Saturday.

The two sides discussed draft agreement text on issues including technology transfer, protection of intellectual property rights, services, agriculture, the bilateral trade balance, and an implementation system, and will continue to talk on remaining issues, the state broadcaster reported.