Ten agreements between China, the US

Beef:

China will allow imports of US beef no later than July 16.

Banking:

The US remains committed to treating Chinese banks the same way as other foreign banks.

Biotechnology:

China will evaluate US biotechnology products with pending applications and either approve them, or be transparent about why the products don’t pass a safety test.

Electronic payment services:

China will take steps that lead to market access for US-owned Source:xxx suppliers of electronic payment services.

Settlement licenses:

China will issue bond underwriting and settlement licenses to two qualified US financial institutions.

Business investment summit:

The US will send delegates to China’s Belt and Road forum held in Beijing on Sunday and Monday. It will welcome Chinese participation in a US investor summit.

Credit rating services:

China will allow foreign-owned financial services firms to provide credit rating services.

Cooked poultry:

The US will begin to formulate rules that allow imports of cooked poultry from China.

Natural gas:

China can negotiate all types of contracts, including long-term import of natural gas.

Cross-border clearing:

China’s central bank and the US Commodity Futures Trading Commission will work toward an agreement on the oversight of crossborder clearing.