Senior Chinese official meets with Goldman Sachs CEO, urges earnest implementation of consensus reached by leaders of China and US

China and the US should earnestly implement the important consensus reached by the two heads of state during their meeting in Busan, which will help stabilize expectations among businesses in both countries, promote the stable, healthy and sustainable development of China-US economic and trade relations, and contribute to global economic stability, said senior Chinese official He Lifeng, the Xinhua News Agency reported on Tuesday.

He, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Financial and Economic Affairs, made the remarks when meeting with David Solomon, Chairman of the Board of Directors and Chief Executive Officer of The Goldman Sachs Group, in Beijing on Tuesday.

He said that the recent successful meeting between the Chinese and US presidents in Busan, South Korea, has charted the course for the next stage of bilateral economic and trade relations.

He welcomed Goldman Sachs to continue investing and expanding its business in China.

Solomon said that Goldman Sachs is optimistic about the prospects of China's economic development and is willing to continue contributing to the high-quality development of China's capital market, Xinhua reported.