It was done in the early morning: reveal the small details of Sino-US 100-day plan negotiations

1 list, 10 harvest, 30 rounds of negotiation.

This list was not completed until the early morning of the day when the press conference was held.

On May 12th, the early harvest of the 100-day plan for Sino-US economic cooperation was released. In this harvest list after 30 rounds of negotiations, China and the United States reached 10 consensus, including the US sending representatives to participate in the “The Belt and Road Initiative” International Cooperation Summit Forum, china allows US beef to be imported as soon as possible, and the United States welcomes China to import liquefied natural gas from the United States.

According to Guang-yao zhu, vice minister of finance, the early harvest list was not confirmed until the early morning of April 23 and May 12. Yu Jianhua, vice minister of the Ministry of Commerce, said that the representative of the United States “entered the role very quickly”, was very dedicated and “very tenacious”.

The United States also wants to come to “The Belt and Road Initiative”

International Cooperation Summit Forum?

“The United States recognizes the importance of China’s Belt and Road Initiative and will send representatives to attend the Belt and Road international cooperation summit forum to be held in Beijing from May 14-15.” The above news was revealed at the “early harvest of Sino-US economic cooperation 100-day plan” briefing held by the State Council Information Office Guang-yao zhu.

As soon as the news came out, netizens said one after another, “I can’t help it at last.”

Guang-yao zhu said that this was proposed by the US and China welcomed it.

At the same time, the United States welcomes China to participate in the select US investment summit to be held in Washington on June 18-20.

This is not a profit list,

Not a unilateral victory!

About a month after the Sino-US summit, the two sides reached a consensus on issues in the fields of agricultural trade, financial services, investment and energy.

Guang-yao zhu said that early harvest is a plan of action, cooperation, mutual benefit and win-win, not a list of one party asking the other party to make profits, nor a plan of one party to make profits to the other party simply, it is not a unilateral victory.

China and the United States have also made clear the matters to be completed within 100 days and the matters to achieve phased results, and will continue to strengthen communication and coordination to jointly promote these matters and make progress as soon as possible. The two sides also agreed to discuss the one-year plan of Sino-US economic cooperation on the basis of making practical progress in implementing the 100-day plan of Sino-US economic cooperation, so as to further strengthen the actions to promote Sino-US economic exchanges and cooperation. After completing the 100-day plan, China and the United States look forward to in-depth exchanges on the above and other issues at the first China-US Comprehensive Economic Dialogue held in the United States this summer.

10 pieces of harvest, which one is your dish?

The early harvest of Sino-US economic cooperation 100-day plan lists 10 harvests, involving the import of American beef, the export of poultry meat, genetically modified food, and the import of American natural gas. Which one do you think is the best?

1. Beef import: china will allow the import of american beef as soon as possible under the condition of being consistent with international food safety and animal hygiene standards and with the 1999 sino-us agricultural cooperation agreement, no later than July 16, 2017.

2. Cooked poultry meat export: China and the United States will solve the unfinished issues of China’s self-produced cooked poultry meat exported to the United States as soon as possible, and realize the export of Chinese poultry meat to the United States as soon as possible.

3. Biotechnology: China’s National Agricultural Genetically modified Biosafety Committee will conduct scientific review on the expected use safety of 8 biotechnology product applications submitted by the United States.

4. Natural gas: the United States welcomes China and other U.S. trading partners to import liquefied natural gas from the United States. The treatment given by the United States to China will not be lower than that given to other non-free trade agreement trade partners.

5. Credit rating service: China will allow wholly-owned foreign financial service companies in China to provide credit rating service before July 16, 2017, and begin to apply for credit licensing procedures.

6. Cross-border settlement: if the US Commodity Futures Commission is suitable and meets the conditions of no action exemption, it plans to extend the exemption for no action for 6 months before July 16, 2017, the exemption period can be further extended to a total of up to 3 years.

7. Electronic payment service: China will further issue necessary service guidelines on July 16, 2017, allowing wholly-owned electronic payment service providers in the United States to apply for licenses to achieve comprehensive and timely market access. China will continue to allow Chinese banks to issue dual-standard and dual-currency bank cards that allow US electronic payment service providers to handle foreign currency bank card transactions.

8. Banking industry: the relevant federal regulatory agencies of the United States continue to promise to apply the same banking prudential supervision standards as those for other foreign banking institutions under similar circumstances in accordance with U.S. laws.

9. Securities settlement: China will issue underwriting licenses and settlement agent business qualifications to two qualified US financial institutions before July 16, 2017.

10. Belt and Road: The US will send representatives to participate in the Belt and Road Forum for International Cooperation.


2018
1 list, 10 harvest, 30 rounds of negotiation. This list was not completed until the early morning of the day when the press conference was held. On May 12th, the early harvest of the 100-day plan for Sino-US economic cooperation was released. In this harvest list after 30 rounds of negotiations

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