China and the United States started a new round of high-level economic and trade consultations in Beijing on Thursday morning.

The opening ceremony of the talks was jointly chaired by Chinese Vice Premier Liu He, also a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-U.S. comprehensive economic dialogue, U.S. Trade Representative Robert Lighthizer, and Treasury Secretary Steven Mnuchin.

This round of high-level consultations will conclude on Friday.