US ‘ac­tively’ agrees to lift ban on high-tech ex­ports

China Daily (Canada) - - NEWS CAPSULE -

The United States said it will “ac­tively” carry out a plan to lift bans on high-tech ex­ports to China. The de­vel­op­ment is a sign that re­cent mil­i­tary and trade fric­tion will not de­ter the two na­tions from steadily ad­vanc­ing their eco­nomic re­la­tions, ex­perts said.

Wang Chao,

vice-min­is­ter of com­merce, said the US has agreed to pro­mote high-tech ex­ports to China, es­pe­cially in civil avi­a­tion, in­for­ma­tion tech­nol­ogy and oil and gas ex­plo­ration for civil­ian use.

The agree­ment was reached at an­nual trade talks be­tween the two coun­tries in Bei­jing and an­nounced Dec 20. (Photo 2)

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