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Chinese-U.S. commerce officials agree to press ahead with trade talks, Beijing says

China's government announced late Wednesday that it had reached an agreement with U.S. commerce officials to press ahead with trade and investment ties.

Driving the news: Commerce Secretary Gina Raimondo and her Chinese counterpart Wang Wentao "exchanged views frankly and pragmatically on relevant issues and mutual concerns," according to a Chinese Communist Party statement translated by Bloomberg.

  • It was the third phone conversation between top officials from the two nations in the past few weeks, following Treasury Secretary Janet Yellen's discussions with Vice Premier Liu He, Bloomberg notes.
  • Representatives for the State Department and Treasury did not immediately respond to Axios' request for comment.

Editor's note: This a breaking news story. Please check back for updates.

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