[China and the US Hold First Meeting of the Trade Council under the China-US Economic and Trade Consultation Mechanism] According to Jinse Finance, citing the Ministry of Commerce, on November 13, China and the US held the first meeting of the Trade Council under the China-US Economic and Trade Consultation Mechanism via video conference. Guided by the important consensus reached at the meeting between the Chinese and US leaders, both sides conducted frank, in-depth, and constructive exchanges on tariffs, the "$30 billion for $30 billion" reciprocal tariff reduction arrangement, agricultural trade, and other issues of mutual concern, focusing on implementing the outcomes of previous China-US economic and trade consultations. Both sides will continue to strengthen communication through the Trade Council, promote the resolution of their respective economic and trade concerns, continuously expand the list of cooperation areas and reduce the list of issues, and contribute to building a constructive and stable strategic relationship between China and the US based on respect, fairness, and reciprocity.