Trade negotiations underway between Chinese, US work teams: Chinese FM

China on Wednesday said that trade negotiations are underway between Chinese and US work teams and China hopes that the two sides can work together to create the necessary conditions for achieving a good result.

Lu Kang, spokesman for China's Foreign Ministry, made the remarks when commenting on the ongoing trade negotiations between the two countries after Chinese President Xi Jinping and his US counterpart Donald Trump met in Buenos Aires, Argentina, on the sidelines of the G20 summit.

"According to the consensus reached by the two heads of state, work teams from both sides will step up consultations to resolve the differences between China and the US in the economic and trade field as soon as possible and achieve a result satisfactory to both sides. As far as I know, work teams of both sides are stepping up consultations now. We hope that the two sides can meet with each other halfway so as to create the necessary atmosphere and conditions for achieving a good result," said Lu.

Lu also mentioned that China's Vice Premier Liu He, US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer had talked on the phone recently, and the two sides have drawn a roadmap and a timetable for further stepping up the consultations.