China, U.S. make 'substantial progress' in trade talks

CHINA and the United States have achieved substantial progress following their latest round of Trade talks, Vice Minister of Commerce and Deputy CHINA International Trade Representative Wang Shouwen said at a news conference Saturday on the sidelines of the second session of the 13th NPC in Beijing.

Hope is rising for CHINA-U.S. Trade talks as both parties are trying to reach consensuses, Wang added, noting that imposing tariffs to each other will harm both.