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1. Screenshot of remarks of Ministry of Commerce spokesperson

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2. Graphics showing key points in trade consultation preliminary results

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3. Various of office building, signs of Ministry of Commerce; Chinese national flag
4. Various of Tian'anmen Square, Tian'anmen Rostrum, Chinese national emblem, national flag of China

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5. Various of White House

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6. Aerial shots of Yangpu Port, facilities, containers

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8. Port scene, Statue of Liberty

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9. Various of containers, vessels at port

China's Ministry of Commerce said Saturday that China and the United States have achieved positive outcomes in economic and trade consultations.

The Chinese and U.S. heads of state had in-depth discussions on economic and trade issues in Beijing on Thursday, further charting the course and providing strategic guidance for the development of bilateral trade relations, said a spokesperson of the ministry.

President Xi Jinping said during his talks with U.S. President Donald Trump that the Chinese and U.S. economic and trade teams produced generally balanced and positive outcome on Wednesday, which is good news for the people of the two countries and the world. Xi called on the two sides to jointly sustain the good momentum that they have worked hard to create.

The spokesperson said the Wednesday's meeting, which took place in South Korea, saw the two sides engaging in candid, in-depth, and constructive exchanges and consultations on resolving economic and trade issues of mutual concern and further expanding practical cooperation.

Subsequently, the two sides had intensive consultations on the specific content of the outcomes, reaching positive consensus, the spokesperson said.

The spokesperson said the preliminary results achieved by the two sides in the economic and trade field mainly include the following aspects:

First, the two sides will continue to implement the results of previous consultations and have reached positive common ground on related tariff arrangements.

Second, both sides agree to establish a Trade Council and an Investment Council to discuss their respective concerns in these areas. Tariff reductions on specific products will be discussed through the Trade Council, with an agreement in principle on reciprocal tariff reductions on products of equivalent scale that are of mutual concern.

Third, both sides will resolve or make substantial progress on resolving some non-tariff barriers and market access issues for some agricultural products. The United States will work to resolve China's long-term concerns regarding automatic detention of dairy and aquatic products, export of bonsai plants and the recognition of Shandong's avian influenza-free zone. China will also work to resolve the U.S. concerns related to beef facility registration and the export of poultry from certain U.S. states to China.

Fourth, the two sides agree to promote expanded two-way trade in areas including agricultural products, through reciprocal tariff reductions on a certain range of products.

Fifth, the two sides have reached relevant arrangements regarding Chinese purchases of aircraft from the U.S., as well as the U.S. assurances on aircraft engine and spare parts supplies to China.

The consultation teams will follow the direction set by the two heads of state to finalize the outcomes as soon as possible and work together to implement them, according to the spokesperson.