On May 12, local time, from May 10 to 11, China and the United States held high-level economic and trade talks in Geneva, Switzerland, and released the "Joint Statement of the China-US Geneva Economic and Trade Talks" on May 12 local time. The talks made substantial progress and achieved results beyond expectations. Bai Ming, a researcher at the Ministry of Commerce's International Trade and Economic Cooperation Institute, stated in an interview with reporters that the results of this high-level economic and trade talks between China and the United States are hard-won, "This is due to our representatives negotiating effectively, firmly safeguarding their legitimate rights and interests, while the internal pressure on the US side also forced them to lower their stance and sit down to discuss seriously." (CNR)