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This is World Today.
Hello and welcome to World Today.
I'm Zhao Yang.
Coming up, China and the US are entering a fresh round of trade talks in Stockholm.
What can we expect?
China has proposed the creation of a global AI cooperation organization.
What's behind the initiative?
The US and EU have agreed to a trade deal with a 15% US tariff on most EU goods.
Who are the winners and losers?
China has stressed equality,
respect and reciprocity to promote sustainable relations with the United States.
The Chinese Foreign Ministry says it hopes the U.S. will work with China,
implement the consensus reached by the two heads of state during their phone conversation,
and make the most of economic and trade consultation channels.
The statement comes as officials from the two countries are due to begin a new round of trade talks in Stockholm.
Chinese Vice Premier He Li-feng and US Treasury Secretary Scott Benson will hold negotiations for the third time this year.
The Stockholm meeting is seen as an important indicator of what comes next for both sides,
with Washington's pause on additional tariffs to end next month.