Q: It is reported that China and the U.S. will soon hold the next round of economic and trade consultations. Does MOFCOM have any updates?

A: As agreed by the two sides, He Lifeng, member of the Political Bureau of the Communist Party of China Central Committee and Vice Premier of the State Council, will lead a delegation to the Republic of Korea from May 12 to 13 to hold economic and trade consultations with the U.S. side. As guided by the important consensuses reached by the two heads of state at their Busan meeting and during their phone calls, the two sides will engage in consultations on economic and trade issues of respective concern.