Here are the key reports and articles that I found noteworthy from the People’s Daily’s edition on Thursday, July 31, 2025.
Page 1: The big report on the page is the readout following the Politburo meeting. I covered this yesterday.
There’s also a report on the symposium with non-Party members in Zhongnanhai to hear opinions and suggestions from leaders of the central committees of various democratic parties, the All-China Federation of Industry and Commerce, and representatives of non-Party members on the current economic situation and economic work in the second half of the year. 中共中央在中南海召开党外人士座谈会，就当前经济形势和下半年经济工作听取各民主党派中央、全国工商联负责人和无党派人士代表的意见建议.
“General Secretary of the CPC Central Committee Xi Jinping presided over the symposium and delivered an important speech, emphasising that to do a good job in economic work in the second half of the year, it is necessary to adhere to the general principle of seeking progress while maintaining stability, fully, accurately, and comprehensively implement the new development concept, accelerate the construction of a new development pattern, maintain the continuity and stability of policies, enhance flexibility and predictability, focus on stabilising employment, enterprises, the market, and expectations, effectively boost consumption, do away it/eliminate ‘involution-style competition’ (破除‘内卷’), smooth the domestic big circulation, promote the dual circulation of domestic and international markets, and strive to complete the annual economic and social development goals and tasks, achieving a successful conclusion to the 14th Five-Year Plan.” 中共中央总书记习近平主持座谈会并发表重要讲话强调，做好下半年经济工作，要坚持稳中求进工作总基调，完整准确全面贯彻新发展理念，加快构建新发展格局，保持政策连续性稳定性，增强灵活性预见性，着力稳就业、稳企业、稳市场、稳预期，有力提振消费、破除“内卷”，畅通国内大循环，促进国内国际双循环，努力完成全年经济社会发展目标任务，实现“十四五”圆满收官.
Li Qiang presented a report on the economic situation, as per the report. Following this members of the various “democratic parties” spoke. The report says that they “fully agreed with the CPC Central Committee’s analysis and assessment of the current economic situation and its considerations for economic work in the second half of the year. They also offered opinions and suggestions on promoting cross-regional coordination of scientific and technological innovation and industrial innovation, promoting the integrated development of culture, sports, tourism, and commerce, boosting service consumption, proactively planning for future industries, accelerating the development of a unified data market, promoting high-quality urban renewal, further stimulating the vitality of private enterprises, and strengthening social security for those in flexible employment.” 他们完全赞同中共中央对当前经济形势的分析判断和下半年经济工作的考虑，并就推动科技创新和产业创新跨区域协同、促进文体旅商融合发展、促进服务业消费、超前布局有关未来产业、加快建设数据要素统一大市场、推进高质量城市更新、进一步激发民营企业活力、加强灵活就业群体社会保障等提出意见和建议.
After all this, Xi Jinping spoke. He said that:
“In the first half of this year, under the strong leadership of the CPC Central Committee, all regions and departments took proactive action, overcame difficulties, and stepped up the implementation of more proactive and effective macroeconomic policies, and the operation of China’s economy has been stable while making progress, and the overall social situation has remained stable. This reflects that China’s economic foundation is stable, advantages are many, resilience is strong, potential is great, and positive factors supporting high-quality development are continuously accumulating. 在认真听取大家发言后，习近平发表重要讲话。他指出，今年上半年，在中共中央坚强领导下，各地区各部门积极作为、攻坚克难，加紧实施更加积极有为的宏观政策，我国经济运行稳中有进，社会大局保持稳定。这反映出我国经济基础稳、优势多、韧性强、潜力大，支撑高质量发展的积极因素在不断积累.
Xi Jinping emphasised that China’s economic operations still face numerous risks and challenges. It is necessary to accurately grasp the situation, strengthen our awareness of potential risks, adhere to bottom-line thinking, and make good use of development opportunities, potential, and advantages to consolidate and expand the positive momentum of economic recovery. In the second half of the year, macro policies must continue to exert force and appropriately increase strength, with a focus on comprehensively expanding domestic demand, unswervingly deepening reform and expanding opening up, promoting the deep integration and development of scientific and technological innovation and industrial innovation, continuously preventing and defusing risks in key areas, and taking multiple measures to ensure and improve people’s livelihood. 习近平强调，当前我国经济运行依然面临不少风险挑战，要正确把握形势，增强忧患意识，坚持底线思维，用好发展机遇、潜力和优势，巩固拓展经济回升向好势头。下半年，要在宏观政策上持续发力、适时加力，重点做好全方位扩大内需、坚定不移深化改革扩大开放、推动科技创新和产业创新深度融合发展、持续防范化解重点领域风险、多措并举保障改善民生等工作.
Xi Jinping pointed out that in the first half of the year, the central committees of the democratic parties, the All-China Federation of Industry and Commerce, and non-party personages closely followed the major decisions and deployments of the CPC Central Committee, focusing on key and difficult issues in economic and social development, conducting in-depth research, offering suggestions and advice, and actively engaging in democratic oversight, demonstrating their political commitment and pragmatic spirit of unity and cooperation under the leadership of the Communist Party of China. He expressed his heartfelt gratitude to them on behalf of the CPC Central Committee. 习近平指出，上半年，各民主党派中央、全国工商联和无党派人士紧扣中共中央重大决策部署，聚焦经济社会发展中的一些重点难点问题深入调研、建言献策，积极开展民主监督，体现了在中国共产党领导下团结合作的政治担当和实干精神。他代表中共中央向大家表示衷心感谢.
He then expressed two hopes:
“First, unify thinking and understanding, and build broad consensus. Deeply understand and grasp the CPC Central Committee’s analysis and assessment of the current economic situation and the guiding ideology, major policies and principles, and important deployments for economic work, do more work in publicising policies, dispelling doubts and confusion, smoothing emotions, and building consensus, gathering strong positive energy for unity and struggle. Second, leverage their own advantages and promote high-quality development. Choose research topics well in line with their responsibilities, make overall good use of various resources and professional think tanks, and put forward more forward-looking and actionable opinions and suggestions. The All-China Federation of Industry and Commerce should guide people in the private economy to stick to their main businesses, strengthen the real economy, and unswervingly take the path of high-quality development. 习近平对各民主党派、全国工商联和无党派人士提出两点希望。一是统一思想认识，凝聚广泛共识。深刻理解把握中共中央关于当前经济形势的分析判断和经济工作的指导思想、大政方针、重要部署，多做宣传政策、解疑释惑、理顺情绪、凝聚共识的工作，汇聚起团结奋斗的强大正能量。二是立足自身优势，推动高质量发展。结合履职选准调研题目，统筹用好各类资源和专业智库，提出更多具有前瞻性、操作性的意见建议。全国工商联要引导民营经济人士坚守主业、做强实业，坚定不移走高质量发展之路.
Another report on the page informs of the publication of the fifth volume of ‘Xi Jinping: The Governance of China’. Xinhua reports:
The book “contains a compilation of 91 pieces of spoken and written works of Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, from May 27, 2022 to Dec. 20, 2024, along with 41 photographs taken during this period of time. It is divided into 18 sections by topic. The book vividly documents how the CPC Central Committee, with Xi at its core, has taken solid steps toward building a modern socialist country in all respects amid a challenging international landscape and demanding domestic reform and development tasks, the statement said. Its publication is of great significance in helping CPC members, officials and the public further understand and apply Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and in enabling the international community to stay informed of the thought’s latest developments and work together in building a community with a shared future for humanity…”
Page 3: Let’s look at the outcomes of the China-US trade talks in Sweden. The official Chinese readout after the talks said:
“The two sides had candid, in-depth, and constructive exchanges on trade and economic issues of mutual concern, including Sino-US economic and trade relations and macroeconomic policies. They reviewed and affirmed the consensus reached at the Geneva trade talks and the implementation of the London Framework for Action. Based on the consensus reached during the talks, the two sides will continue to push for the scheduled 90-day extension of the suspended 24% US reciprocal tariffs and China’s countermeasures.” 中美经贸中方牵头人、国务院副总理何立峰与美方牵头人、美国财政部长贝森特及贸易代表格里尔在瑞典斯德哥尔摩举行中美经贸会谈。双方就中美经贸关系、宏观经济政策等双方共同关心的经贸议题开展了坦诚、深入、富有建设性的交流，回顾并肯定了中美日内瓦经贸会谈共识和伦敦框架落实情况。根据会谈共识，双方将继续推动已暂停的美方对等关税24%部分以及中方反制措施如期展期90天.
He Lifeng said that the economic and trade teams of China and the US should be guided by the important consensus from the two countries’ leaders’ phone call on June 5, uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation, respect each other’s concerns, further consolidate consensus, and deepen mutual trust. China’s position on China-US economic and trade relations is consistent. The essence of China-US economic and trade relations is mutual benefit and win-win outcomes. Both sides have extensive common interests and broad cooperation space in the economic and trade fields. China and the US both benefit from cooperation and will both suffer from confrontation. Stable, healthy, and sustainable China-US economic and trade relations are not only beneficial to achieving respective development goals but also beneficial to promoting the development and stability of the world economy. In the next step, both sides should continue to follow the important consensus from the two countries’ leaders’ phone call, fully utilise the role of the China-US economic and trade consultation mechanism, continuously increase consensus, reduce misunderstandings, strengthen cooperation, further deepen dialogue and consultation, and continuously strive for more win-win results. 何立峰表示，中美双方经贸团队要以两国元首6月5日通话重要共识为指引，秉持相互尊重、和平共处、合作共赢的原则，尊重各自关切，进一步巩固共识，加深互信。中方对中美经贸关系的立场是一贯的，中美经贸关系的本质是互利共赢，双方在经贸领域拥有广泛共同利益和广阔合作空间，中美合则两利、斗则俱伤。稳定、健康、可持续的中美经贸关系不仅有利于实现各自的发展目标，也有利于促进世界经济的发展与稳定。下一步，双方应继续按照两国元首通话重要共识，充分发挥好中美经贸磋商机制作用，不断增进共识、减少误解、加强合作，进一步深化对话磋商，不断争取更多双赢结果.
Meanwhile, Politico reports that:
“US and Chinese negotiators ended two days of meetings on Tuesday with no agreement to extend an Aug. 12 deadline to reach a new trade deal or return to punishing tariffs. But Treasury Secretary Scott Bessent hinted at a press conference that an extension was still likely. ‘The meetings were very constructive,’ Bessent told reporters in Stockholm, Sweden, following the conclusion of the meetings. ‘We haven’t [been] given the sign off’. ‘We’re going to head back to Washington and we’re going to talk with the president if that’s something he wants to do,’ U.S. Trade Representative Jamieson Greer added. President Donald Trump confirmed shortly afterward that he would review the state of the discussions and a possible extension on Wednesday, telling reporters traveling with him on Air Force One back from Scotland that he ‘just had a phone call’ with Bessent. ‘They had a very good meeting with China, and it seems that they’re going to brief me tomorrow.’ ‘We’ll either approve it or not. But he felt very good about the meeting, better than he felt yesterday,’ Trump added. Greer told reporters at the briefing that absent that extension, the tariff rate would snap back to around 80 percent, counting the duties that have been in place since Trump’s first term, a 20 percent duty the president imposed earlier this year over fentanyl shipments, and an additional 34 percent ‘reciprocal’ tariff rate Trump first unveiled in early April. If Trump agrees to the extension, it will be for “about 90 days,” Bessent said. That echoed comments by China’s international trade negotiator Li Chenggang earlier on Tuesday. ‘The two sides will continue to push for the continued extension of the pause,’ Li told reporters.”
Back to the paper today, there’s a Zhong Sheng commentary on this issue. Along with this, I am also going to cover a Xinhua commentary on the trade talks. It’s really interesting that these two articles differ in terms of substance and tone. The Zhong Sheng piece is fundamentally conciliatory; it avoids dwelling on controversial issues and emphasises the importance of dialogue and cooperation. In contrast, the Xinhua commentary also calls for continued dialogue, but adopts a much harsher tone. It underlines China’s firmness on matters of principle and US tariffs. I guess this is a representation of differences of viewpoints within the system on how to approach the US. Here’s a snapshot of some of the differenes.
First, both pieeces agree that talks are essential, and that the dialogue in Sweden say the two sides agreeing to continue pushing for a 90-day extension of the suspended 24% US reciprocal tariffs and China's countermeasures.
Second, the Zhong Sheng piece talks about the need for both sides to display “wisdom and courage to seize opportunities”; it calls on the US to ease up on “artificial restrictions” on businesses and argues that China’s development and demand can be a gain for American companies. In contrast, the Xinhua piece talks about both sides having “common interests and vast space for cooperation” but does not highlight any explicit carrots.
Third, the Zhong Sheng commentary mentions that in its approach, China is “firmly defending its own interests” but does not adopt a strident tone on this. In fact, this is used as a dependent clause before adding that “China remains open to expanding the potential for development in our bilateral trade and economic relations through equal-footed dialogue and consultation.” In contrast, the Xinhua piece has tougher language: “The Chinese side holds 100% sincerity toward the consultations, and also adheres to unshakable bottom lines, consistently emphasising the respect for each other’s core concerns. As for the so-called ‘reciprocal tariffs’ unilaterally imposed by the US side, China’s position is clear and consistent: they are essentially unilateral and protectionist actions that violate WTO rules. The Chinese side is willing to properly handle differences and find ways to solve problems through dialogue and consultation. But such dialogue must be on an equal footing. China’s right to development must not be harmed. The Chinese side’s determination to safeguard its core interests and development rights and interests is unwavering. Any idea of forcing China to make concessions on matters of principle through pressure is unrealistic.”
Fourth, the Xinhua piece underscores that there are “deep-seated, structural issues” in US-China economic ties, which cannot be resolved overnight. In contrast, the Zhong Sheng commentary strikes a more open-ended tone. It says: “Both China and the US are developing, and their economic and trade relations cannot remain static. The key question is in which direction they will evolve. Will both sides capitalise on the situation to achieve greater mutual benefit and win-win results, or will they fall into a vortex of confrontation and mutual harm? The answer to this question is obvious; the key lies in the wisdom and courage to seize opportunities.”
Anyway, let’s now breakdown the Zhong Sheng commentary. It says:
In Sweden, “the two sides engaged in candid, in-depth, and constructive exchanges on economic and trade issues of mutual concern, including Sino-US economic and trade relations and macroeconomic policies. They reviewed and affirmed the consensus reached at the Geneva talks and the implementation of the London framework. According to the consensus reached during the talks, both sides will continue to push for a 90-day extension of the suspended 24% US reciprocal tariffs and China’s countermeasures. The talks played a positive role in consolidating consensus and deepening mutual trust, further strengthening confidence in resolving economic and trade differences through equal-footed dialogue and consultation. 双方就中美经贸关系、宏观经济政策等共同关心的经贸议题开展了坦诚、深入、富有建设性的交流，回顾并肯定了中美日内瓦经贸会谈共识和伦敦框架落实情况。根据会谈共识，双方将继续推动已暂停的美方对等关税24%部分以及中方反制措施如期展期90天。此次会谈起到了巩固共识、加深互信的积极作用，为双方通过平等对话协商解决经贸分歧进一步增添了信心.
China-US economic and trade relations are enormous and encompass a wide range of issues, profoundly impacting the well-being of businesses and people in both countries. Thanks to the joint efforts of both sides, this round of talks sent a positive signal, continuing to push for the scheduled 90-day extension of the suspended 24% US reciprocal tariffs and China’s countermeasures. This consensus is welcomed by all parties. Every reduction in tariffs means more cooperation. The promotion of such practical arrangements by both China and the US during the dialogue and consultation process not only helps build mutual trust and advance the overall negotiation process, but also further demonstrates that resolving economic and trade differences through dialogue and consultation is more efficient and less costly.” 中美经贸关系体量巨大、涉及面广，深刻影响两国企业和民众福祉。在双方共同努力下，此次会谈传递出积极信号，继续推动已暂停的美方对等关税24%部分以及中方反制措施如期展期90天，这一共识为各方所乐见。关税少一分，合作就多一分。中美双方在对话协商进程中推动做出此类务实安排，不仅有助于积累互信、推进整体谈判进程，也再一次印证，通过对话磋商解决经贸分歧，效率更高，成本更低.
This round of talks continued the positive momentum established by the Chinese and US trade teams, driven by the important consensus reached during the phone call between the two presidents. Previous trade talks in Geneva and London, respectively, resulted in the Geneva Consensus and the London Framework, effectively contributing to the de-escalation of economic and trade frictions between the two countries. It is the shared aspiration of all sectors of both countries and the international community that China and the US uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation, and resolve economic and trade differences through equal dialogue and consultation. Through ongoing communication and dialogue, the two sides have deepened their understanding of each other’s concerns and are growing in consensus on resolving differences and expanding cooperation. During the talks, China stated that a stable, healthy, and sustainable China-US trade relationship is not only conducive to achieving both countries’ development goals, but also to promoting the development and stability of the world economy. The US side also said that a stable China-US trade relationship is of great significance to both countries and the global economy, and expressed its willingness to work with China to continue resolving trade and economic differences through the China-US trade consultation mechanism, promoting more fruitful consultations, and further stabilising China-US trade relations. 本轮会谈延续了中美经贸团队在两国元首通话重要共识引领下形成的积极势头。此前日内瓦和伦敦的经贸会谈，分别达成日内瓦共识和伦敦框架，有效推动两国经贸摩擦去火降温。中美秉持相互尊重、和平共处、合作共赢原则，平等对话协商解决经贸分歧，是两国各界和国际社会的共同期待。通过持续沟通对话，双方对彼此关切的了解在增多，化解分歧、扩大合作的共识在增多。此次会谈中，中方表示，稳定、健康、可持续的中美经贸关系不仅有利于实现各自的发展目标，也有利于促进世界经济的发展与稳定。美方也表示，稳定的美中经贸关系对两国乃至全球经济具有重要意义，愿与中方一道，继续通过美中经贸磋商机制协商解决经贸领域分歧，推动取得更多磋商成果，进一步稳定美中经贸关系.
Since the latest round of Sino-US trade frictions, the US has been discussing the so-called ‘rebalancing’ of Sino-US economic and trade relations. While firmly defending its own interests, China remains open to expanding the potential for development in our bilateral trade and economic relations through equal-footed dialogue and consultation. Both China and the US are developing, and their economic and trade relations cannot remain static. The key question is in which direction they will evolve. Will both sides capitalise on the situation to achieve greater mutual benefit and win-win results, or will they fall into a vortex of confrontation and mutual harm? The answer to this question is obvious; the key lies in the wisdom and courage to seize opportunities. 新一轮中美经贸摩擦以来，美方一直在谈论所谓中美经贸“再平衡”问题。中方在坚决捍卫自身利益的同时，对于以平等对话协商拓展彼此经贸关系发展潜力始终持开放态度。中美两国都在发展，彼此经贸关系不可能一成不变，问题的关键是往哪个方向变。双方是向着实现更大程度的互利共赢因势利导，还是要陷入对立对抗、一损俱损的漩涡？这道选择题的答案显而易见，关键要有把握机遇的智慧和勇气.
China and the US share extensive common interests and broad space for cooperation in the economic and trade fields. China’s continued advancement in high-quality development and high-level opening-up has created more opportunities for mutually beneficial cooperation between the two countries. For example, in the manufacturing sector, due to China’s comprehensive industrial development, excellent ecosystem, and strong momentum, more American companies are choosing to expand their presence in China, integrating the advantages of both countries’ factors and enhancing their global competitiveness. In the consumer sector, China is considering expanding domestic demand as a strategic move and is actively expanding imports through various measures, with American companies being significant beneficiaries. China is always happy to see businesses on both sides achieve greater complementarity and mutual benefit based on their respective needs. Since the US values expanding exports to China, it should reduce artificial restrictions on businesses in both countries and create a favorable environment for cooperation. 中美在经贸领域拥有广泛共同利益和广阔合作空间。中国高质量发展和高水平对外开放不断推进，为中美互利合作创造了更多机遇。例如，在制造业领域，因为中国产业发展的配套全、生态优、动力足，更多美国企业选择扩大在华布局，以整合两国要素优势，提升企业全球竞争力。又比如，在消费领域，中国正将扩大内需视为战略之举，多措并举积极扩大进口，美国企业是重要受益者。中方一贯乐见双方企业基于彼此需求，实现更大程度的优势互补、互利共赢。美方既然看重扩大对华出口，应为两国企业双向奔赴减少人为设限，营造良好合作环境.
A promise must be kept, and actions must yield results. It was not easy for China-US economic and trade talks to reach Sweden, and the future road still requires both sides to move toward each other. Both sides should continue to follow the important consensus from the two countries’ leaders’ phone call, fully utilize the role of the China-US economic and trade consultation mechanism, continue to implement the consensus and results that have already been formed, continuously increase consensus, reduce misunderstandings, strengthen cooperation, continuously deepen dialogue and consultation, strive for more win-win results, and inject more positive energy into the stable development of the economies of both countries and even the global economy. 言必信，行必果。中美经贸会谈走到瑞典不容易，未来之路仍需双方相向而行。双方应继续按照两国元首通话重要共识，充分发挥好中美经贸磋商机制作用，继续做好已经形成的共识和成果的落实，不断增进共识、减少误解、加强合作，持续深化对话磋商，争取更多双赢结果，为两国乃至全球经济的稳定发展注入更多正能量.
There’s also a separate Xinhua commentary on the US-China talks, which is not in the paper. But it’s an interesting read, because the narrative is slightly different.
It says that in Sweden, “both sides agreed to continue pushing for the scheduled 90-day extension of the suspended 24% US reciprocal tariffs and China’s countermeasures, once again sending an important signal to the world that the two largest economies are committed to moving toward each other.” 双方同意继续推动已暂停的美方对等关税24％部分以及中方反制措施如期展期90天，再次向世界释放了全球两大经济体希相向而行的重要信号.
“The outcomes of the China-US trade talks in Sweden reflect the joint efforts of the economic and trade teams of both sides to translate the consensus reached by the two presidents into concrete policy actions. Going forward, both sides should continue to be guided by the important consensus reached in the June 5th call between the two presidents, uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation, further deepen dialogue and consultation, and strive for more win-win outcomes.” 中美瑞典经贸会谈的成果，正是双方经贸团队共同努力将元首共识转化为具体政策行动的体现。下一步，双方应继续以两国元首6月5日通话重要共识为指引，秉持相互尊重、和平共处、合作共赢的原则，进一步深化对话磋商，不断争取更多双赢结果.
“During the talks, China emphasised that the essence of China-US economic and trade relations is mutual benefit and win-win results. Cooperation between the two countries benefits both, while confrontation hurts both. The US side also stated that a stable US-China economic and trade relationship is of great significance to both countries and the global economy. This consensus is an important cornerstone for both sides to sit down, continue the talks, and achieve results. For decades, the Chinese and US economies have been deeply integrated, with extensive common interests and vast space for cooperation in the economic and trade fields, forming a community of shared interests with complementary advantages. This strong economic complementarity cannot be easily severed by any artificial tariff barriers.” 中方在会谈中强调，中美经贸关系的本质是互利共赢，中美合则两利、斗则俱伤。美方也表示，稳定的美中经贸关系对两国乃至全球经济具有重要意义。这一共识是双方能够坐下来、谈下去并取得成果的重要基石。数十年来，中美两国经济深度融合，在经贸领域拥有广泛的共同利益和广阔的合作空间，形成了优势互补的利益共同体。这种强大的经济互补性，是任何人为的关税壁垒都无法轻易割裂的.
The Chinese side holds 100% sincerity toward the consultations, and also adheres to unshakable bottom lines, consistently emphasising the respect for each other’s core concerns. As for the so-called ‘reciprocal tariffs’ unilaterally imposed by the US side, China’s position is clear and consistent: they are essentially unilateral and protectionist actions that violate WTO rules. The Chinese side is willing to properly handle differences and find ways to solve problems through dialogue and consultation. But such dialogue must be on an equal footing. China’s right to development must not be harmed. The Chinese side’s determination to safeguard its core interests and development rights and interests is unwavering. Any idea of forcing China to make concessions on matters of principle through pressure is unrealistic. 中方对磋商抱有百分之百的诚意，也坚守着不可动摇的底线，始终强调尊重各自核心关切。对于美方单方面加征的所谓“对等关税”，中方立场是明确且一贯的：其本质是违背世贸组织规则的单边主义和保护主义行径。中方愿意通过对话协商，妥善处理分歧，找到解决问题的办法。但这种对话必须是平等的。中国的发展权利不容损害，中方维护自身核心利益和发展权益的决心坚定不移，任何企图通过施压迫使中国做出原则性让步的想法，都是不切实际的.
“Some deep-seated, structural issues in China-US economic and trade relations cannot be resolved overnight. From Geneva to London to Stockholm, the two sides are moving forward on the right track. We hope the US side will move toward China, transform the important consensus of the two countries’ leaders and the positive willingness reached in the talks into concrete actions to stabilise bilateral economic and trade relations, continuously increase mutual trust, reduce misjudgments, deepen cooperation, and push China-US economic and trade relations to return to the track of healthy and stable development as soon as possible. This is not only a blessing for the people of both countries, but also fortunate for the world.” 中美经贸关系中的一些深层次、结构性问题不可能一蹴而就解决。从日内瓦到伦敦再到斯德哥尔摩，双方正沿着正确轨道向前迈进。希望美方与中方相向而行，将两国元首重要共识和会谈达成的积极意愿转化为稳定双边经贸关系的切实行动，不断增进互信、减少误判、深化合作，推动中美经贸关系早日重回健康稳定发展的轨道，这不仅是两国人民之福，亦是世界之幸.
Also in the paper is a report on Wang Yi meeting with a delegation of the Board of Directors of the US-China Business Council. Xinhua says:
Wang told them that “China and the US should respect each other's core and major interests, and avoid falling into confrontation and conflict. He called on the two sides to establish more channels for communication and consultation, view each other with an objective, rational and pragmatic attitude, and foster correct strategic perceptions…He said that no matter how the situation changes, China has maintained the continuity and stability of its policy towards the United States, and China will handle and advance its relations with the U.S. in accordance with three principles: mutual respect, peaceful coexistence and win-win cooperation. China is willing to strengthen contact with the United States to avoid misjudgment, control differences, explore cooperation, implement the consensus reached between their two heads of state, and promote the stable, healthy and sustainable development of China-U.S. relations, he said. He also urged adhering to the principles of respect, equality and reciprocity and refraining from unilateral hegemony, calling for doing more big, practical and good things for the benefits of the two countries and the world. Wang noted that China will expand its high-level opening-up and build a first-class business environment that is market-oriented, law-based and internationalized. China hopes that U.S. companies will continue to be optimistic about China and invest in the country to achieve mutual benefits and common growth, he added. China hopes that the U.S. business community will take on the role of conveying correct perceptions of China, cultivate friendship between the Chinese and U.S. peoples, and practice mutually beneficial cooperation, making new and positive contributions to the development of China-U.S. relations and the friendship between the two peoples, he said.”
The report informs: “The delegation included USCBC Board Chair Rajesh Subramaniam; Thermo Fisher Scientific Chairman Marc N. Casper; Otis Worldwide Corporation Chair Judy Marks; Goldman Sachs President and COO John E. Waldron; Senior Vice President of the Boeing Company and President of Boeing Global Brendan Nelson; founder and Vice Chair of United Family Healthcare Roberta Lipson; Apple Inc. COO Sabih Khan; and USCBC President Sean Stein.”
Page 14: There are reports of corruption takedowns. First, Zhou Xi'an, vice-chairman of the Anhui Provincial Committee of the CPPCC has been expelled from the CPC. He “violated the Party's political discipline, organizational discipline, discipline on integrity, work discipline, and life discipline.” As per the report:
Zhou:
lost his ideals and convictions, betrayed his original aspirations and mission, and resisted organizational review.
disregarded the spirit of the eight-point central regulations, illegally accepted gifts, illegally accepted gifts, cash, and cards, accepted banquets and travel arrangements that could affect the impartial execution of official duties, and had others pay expenses that should have been borne personally.
lacked organizational principles, failed to truthfully report personal-related matters, did not truthfully explain issues during organizational inquiries and conversations, and sought benefits for others in the recruitment of employees.
breached the bottom line of integrity, abused his power to seek benefits for his relatives and close staff, and interfered with and meddled in market economic activities
was greedy and corrupt, acted recklessly and arrogantly, treated public power as a tool for personal gain, engaged in large-scale power-for-money transactions, used the convenience of his position to seek benefits for others in project contracting, fund allocation, project land use, etc., and illegally accepted huge amounts of property.
经查，周喜安丧失理想信念，背弃初心使命，对抗组织审查；无视中央八项规定精神，违规收受礼品、礼金和消费卡，接受可能影响公正执行公务的宴请和旅游活动安排，由他人支付应由个人支付的费用；组织原则缺失，不如实报告个人有关事项，在组织谈话函询时不如实说明问题，在职工录用工作中为他人谋取利益；廉洁底线失守，利用职权为亲属和身边工作人员谋取利益；干预和插手市场经济活动；贪婪腐化，恣意妄为，将公权力作为谋取私利的工具，大搞权钱交易，利用职务便利为他人在工程承揽、资金拨付、项目用地等方面谋利，并非法收受巨额财物.
Second, Wang Zhonghe, former deputy secretary of the Party Leadership Group and vice chairman of the Inner Mongolia Autonomous Region CPPCC, was expelled from the CPC. Wang “violated the Party’s political discipline, organizational discipline, integrity discipline, and life discipline.”
Wang:
lost his ideals and convictions, betrayed his original aspiration and mission, engaged in opportunistic scheming, associated with political swindlers, and resisted organizational review;
disregarded organisational principles, failed to report personal-related matters as required, did not truthfully explain problems during organizational inquiries, sought benefits for others and accepted money and goods in the work of cadre selection and appointment, among others;
crossed the bottom line of integrity, illegally accepted monetary gifts, and engaged in power-for-sex transactions;
wanted both to be an official and to get rich, transformed the public power in his hands into a tool for personal gain and wealth accumulation, engaged in large-scale power-for-money transactions, used the convenience of his position to seek benefits for others in areas such as business operations and project contracting, and illegally accepted huge amounts of property;
seeking improper benefits, he provided money and goods to state functionaries
经查，王中和丧失理想信念，背弃初心使命，搞投机钻营，结交政治骗子，对抗组织审查；无视组织原则，不按规定报告个人有关事项，在组织函询时不如实说明问题，在干部选拔任用等工作中为他人谋取利益并收受财物；廉洁底线失守，违规收受礼金，搞权色交易；既想当官又想发财，将手中的公权力异化为谋私敛财的工具，大搞权钱交易，利用职务便利为他人在企业经营、工程承揽等方面谋利，并非法收受巨额财物；为谋取不正当利益，给予国家工作人员财物.
Third, Chen Shifei, former member of the Party Leadership Group and former deputy director of the National Medical Products Administration, was expelled from the CPC. He violated the “Party’s political discipline, organisational discipline, integrity discipline, and life discipline.”
Chen:
lost his ideals and beliefs, betrayed his original aspirations and mission, and resisted organisational investigations.
disregarded the spirit of the Central Eight Provisions, illegally accepted gifts, cash, and cards, and illegally accepted banquets and travel arrangements.
did not report personal-related matters according to regulations
illegally engaged in profit-making activities, obtained large returns through private lending, and after retirement, illegally engaged in profit-making activities related to the business under the jurisdiction of his former position
‘relied on drug regulation to profit from drug regulation’, turned public power into a tool for personal gain, engaged heavily in power-for-money transactions, used the convenience of his position to seek benefits for others in matters such as handling drug production licenses, and illegally accepted huge amounts of property.
经查，陈时飞丧失理想信念，背弃初心使命，对抗组织审查；无视中央八项规定精神，违规收受礼品、礼金和消费卡，违规接受宴请和旅游活动安排；不按规定报告个人有关事项；违规从事营利活动，通过民间借贷获取大额回报，退休后违规从事与原任职务管辖业务相关的营利活动；“靠药监吃药监”，将公权力异化为谋取私利的工具，大搞权钱交易，利用职务便利为他人在办理药品生产许可证等方面谋利，并非法收受巨额财物.