Episode Details

Analysts warn bilateral relationship remains subject to structural challenges

分析师警示：双边关系仍面临结构性难题

Renewed momentum in China-United States economic ties has helped boost confidence in the global economy while supporting steadier and more resilient bilateral trade in the months ahead, said market watchers and business leaders.

市场观察人士与商界领袖表示，中美经贸关系重拾增长动能，不仅提振全球经济信心，也将推动未来数月双边贸易朝着更平稳、更具韧性的方向发展。

The upbeat remarks came after official General Administration of Customs figures showed a sharp turnaround in bilateral trade in goods. After slumping 18.7 percent year-on-year in the first quarter, China-US goods trade rebounded to post a 13.7 percent year-on-year gain in the second quarter.

此番乐观判断源于中国海关总署官方数据显示，中美货物贸易额出现大幅反转。一季度中美货物贸易同比下滑18.7%，二季度强势反弹，同比增长13.7%。

This trade recovery aligns with fresh bilateral moves to stabilize economic relations. The Ministry of Commerce confirmed that during the latest round of China-US economic and trade consultations held in May, the two sides reached an agreement to negotiate a reciprocal tariff cut framework via a newly established trade council. The deal would cover goods valued at $30 billion or more from each country.

此次贸易回暖，与中美双方近期为稳定经贸关系推出的一系列新举措相呼应。商务部证实，5月新一轮中美经贸磋商期间，两国达成共识，将依托新设立的贸易委员会磋商互惠降税框架，双方各有价值300亿美元及以上商品纳入该框架。

Although neither side has released a final product list, trade analysts expect the tariff cuts to cover textiles, footwear, consumer goods, electronic components, industrial machinery parts, chemicals, plastics and agricultural products, while excluding sectors such as advanced semiconductors and strategic resources.

尽管双方尚未公布最终商品清单，但贸易分析师预测，本次降税范围将涵盖纺织、鞋履、消费品、电子元器件、工业机械零部件、化工品、塑料制品与农产品，先进半导体、战略资源等领域不在降税范围内。

Diao Daming, a professor of international relations at the Beijing-based Renmin University of China, said recent progress in the China-US economic and trade talks has helped bolster business confidence across the world and is creating conditions for more predictable trade and investment.