The Zhitong Finance App learned that on July 4, a press spokesperson for the Ministry of Commerce answered questions from reporters about the lifting of relevant US economic and trade restrictions with China. The spokesperson said that after the Sino-US economic and trade talks in London, the two sides recently confirmed the details of implementing the important agreement of the June 5 call between the heads of state of the two countries and consolidating the results of the Geneva economic and trade talks. Currently, the two teams are stepping up implementation of the relevant results of the London Framework. The Chinese side is examining and approving export license applications for eligible controlled items in accordance with the law and regulations. The US side has also taken corresponding action to lift a series of restrictive measures taken against China. The relevant situation has already been notified to the Chinese side.

The Zhitong Finance App learned that on July 4, a press spokesperson for the Ministry of Commerce answered questions from reporters about the lifting of relevant US economic and trade restrictions with China. The spokesperson said that after the Sino-US economic and trade talks in London, the two sides recently confirmed the details of implementing the important agreement of the June 5 call between the heads of state of the two countries and consolidating the results of the Geneva economic and trade talks. Currently, the two teams are stepping up implementation of the relevant results of the London Framework. The Chinese side is examining and approving export license applications for eligible controlled items in accordance with the law and regulations. The US side has also taken corresponding action to lift a series of restrictive measures taken against China. The relevant situation has already been notified to the Chinese side.