China Ready to Facilitate Two-Way Agricultural Trade with US

Beijing (ANTARA) - China is ready to work with the United States to create favourable conditions for two-way agricultural trade, Ministry of Commerce spokesperson He Yadong said on Thursday. Responding to questions about whether China would lower or eliminate tariffs on US agricultural products, the spokesperson stated that agricultural trade is an important part of economic and trade cooperation between China and the US. Following recent economic and trade consultations, the two sides have set a guiding target to expand bilateral agricultural trade and have agreed in principle to include relevant agricultural products in arrangements under a mutual tariff reduction framework, He said. Companies will conduct trade independently according to market principles and based on actual demand and market conditions, the spokesperson added.