US Treasury Secretary Arrives in South Korea for Economic Consultations with China on Eve of US-China Summit
On the eve of the US-China summit, US Treasury Secretary Scott Bessent arrived in Incheon, South Korea, for economic consultations with China's Vice Premier He Lifeng. The talks are expected to cover various issues, including establishing a forum to promote bilateral trade and investment, and China's potential purchase plans for Boeing aircraft, US agricultural products, and energy-related items, in preparation for the summit.
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- 📰 Published: May 13, 2026 at 11:27
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Central News Agency, Incheon 13th (Comprehensive foreign wire report) – With the US-China summit set to commence in Beijing tomorrow, US Treasury Secretary Scott Bessent arrived at Incheon International Airport in South Korea today to hold economic and trade consultations with Chinese Vice Premier He Lifeng. The discussions are expected to cover a range of topics, serving as preparation for the US-China summit.
According to Reuters, Bessent did not comment to reporters upon his arrival at Incheon Airport in South Korea.
South Korea's presidential office, the Blue House, stated that Bessent and He Lifeng will separately meet with South Korean President Lee Jae-myung at the Blue House this morning.
Officials accompanying He Lifeng on his visit also include Li Chenggang, China's International Trade Negotiator and Vice Minister of Commerce.
Korean media outlet News1 reported yesterday, citing airport officials, that the US-China economic and trade consultations are expected to take place in the VIP lounge of Incheon Airport. US officials indicated that the US and China are expected to agree to establish a forum to promote bilateral trade and investment at the Beijing summit; simultaneously, China is also expected to announce purchase plans for Boeing aircraft, US agricultural products, and energy-related items.
Furthermore, Beijing authorities hope that the United States will ease export restrictions on advanced semiconductors and have expressed concern about a bill limiting the export of critical chip manufacturing equipment to China. (Translator: Chang Ming-hsuan) 1150513
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According to Reuters, Bessent did not comment to reporters upon his arrival at Incheon Airport in South Korea.
South Korea's presidential office, the Blue House, stated that Bessent and He Lifeng will separately meet with South Korean President Lee Jae-myung at the Blue House this morning.
Officials accompanying He Lifeng on his visit also include Li Chenggang, China's International Trade Negotiator and Vice Minister of Commerce.
Korean media outlet News1 reported yesterday, citing airport officials, that the US-China economic and trade consultations are expected to take place in the VIP lounge of Incheon Airport. US officials indicated that the US and China are expected to agree to establish a forum to promote bilateral trade and investment at the Beijing summit; simultaneously, China is also expected to announce purchase plans for Boeing aircraft, US agricultural products, and energy-related items.
Furthermore, Beijing authorities hope that the United States will ease export restrictions on advanced semiconductors and have expressed concern about a bill limiting the export of critical chip manufacturing equipment to China. (Translator: Chang Ming-hsuan) 1150513
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to grasp the latest news instantly.
The text, pictures, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.