Beijing [China]: Chinese Premier Xi Jinping is slated to meet a delegation of officials from the United States on Friday to reach a consensus over the trade deal before the deadline of March 1.
Quoting sources, South China Morning Post reported that the US delegation will be headed by US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin.
Liu He, the Chinese Vice-Premier and the trade negotiator of Jinping, is further expected to join the Chinese President during the trade talks in Beijing.
The ministerial meetings are conducted in order to enhance efforts to reach a deal before increased tariffs are slapped on Chinese imports by the US. If the deal is confirmed, officials will look forward to confirming the next proposed China-US summit anytime soon in March, sources said.
Previously, ministerial meetings were held in January in Washington, where US President Donald Trump had pushed for a meeting with his Chinese counterpart Xi Jinping.
Until now, Beijing has proposed to purchase larger quantities of farm produce from the US during the ministerial-level talks.
The meetings are a part of the agreement of a ‘temporary truce’ reached by Trump and Xi Jinping during their dinner on December 1 on the sidelines of the G20 summit in Argentina.