On the evening of the 15th, Li Chenggang, the International Trade Negotiator and Deputy Minister of the Chinese Ministry of Commerce, stated that China and the United States have reached a basic framework consensus on resolving the TikTok issue, reducing investment barriers, and promoting relevant economic and trade cooperation through cooperation. On September 14-15 local time, the economic and trade teams of China and the United States held talks in Madrid, Spain. At a press conference held by the Chinese delegation after the talks, Li Chenggang said that in the past two days, China and the United States have actively implemented the important consensus reached in the phone call between the two heads of state, fully utilized the role of the China US economic and trade consultation mechanism, and had frank, in-depth, and constructive communication on economic and trade issues of concern to both sides, such as TikTok, on the basis of mutual respect and equal consultation. Regarding the TikTok issue, Li Chenggang stated that China has always opposed politicizing, instrumentalizing, and weaponizing technology and economic and trade issues, and will never seek to reach any agreement at the expense of sacrificing principles, corporate interests, and international fairness and justice. China will resolutely safeguard national interests and the legitimate rights and interests of Chinese funded enterprises, and carry out technology export approval in accordance with laws and regulations. At the same time, the Chinese government fully respects the wishes of enterprises and supports them in conducting equal business negotiations based on market principles. At the press conference, Wang Jingtao, deputy director of the State Internet Information Office of China, pointed out that on the basis of fully respecting the will of enterprises and market rules, the United States and China reached a basic consensus on solving the TikTok problem through the authorized operation of TikTok's US user data and content security business, algorithm and other intellectual property rights. The Chinese government will lawfully approve TikTok's technology exports, intellectual property rights authorization, and other related matters. Wang Jingtao stated that the Chinese government has always firmly supported the protection of the legitimate rights and interests of Chinese funded enterprises and supported their active layout and development overseas. We hope that the US can provide an open, fair, just, and non discriminatory business environment for Chinese companies, including TikTok, to continue operating in the US according to the consensus reached by both sides, and promote stable, healthy, and sustainable development of Sino US economic and trade relations. The reason why China agreed to reach relevant consensus with the United States is because we have evaluated and judged that this consensus is in the interests of both sides. ”Li Chenggang stated that through the discussion on the TikTok issue, both sides have further recognized the importance of stable and healthy Sino US economic and trade relations. Both teams will continue to maintain close communication, negotiate on the details of relevant outcome documents, and fulfill their respective domestic approval procedures. At the press conference, Li Chenggang also pointed out that China has noticed that after a series of economic and trade consultations between China and the United States, the US is still expanding its sanctions against Chinese entities. The US has generalized national security and continuously expanded its sanctions list against Chinese entities, extending its long arm jurisdiction longer and longer. This is a typical unilateral bullying behavior that violates international law and the basic norms of international relations. China firmly opposes this and has raised serious concerns to the US during the talks. Li Chenggang emphasized that the achievements of the economic and trade talks between China and the United States are not easy to come by. The United States cannot allow China to take care of its concerns while continuing to suppress Chinese enterprises. China urges the US to correct its mistakes, lift these restrictive measures as soon as possible, work together with China to safeguard the hard won achievements of the China US economic and trade consultations, and promote the healthy, stable, and sustainable development of bilateral economic and trade relations. Li Chenggang also expressed gratitude to the host country Spain for providing strong support and warm hospitality for the China US economic and trade talks. (New Society)