Trade pact 'good for China, US, world'

Top priority is to ensure efficient implementation, specialists say

The signing of the China-US phase-one trade pact, which has both economic and political significance, will bolster the world economy, while the top priority is ensuring its efficient implementation, officials and analysts said.

Vice-Premier Liu He said the China-US phase-one economic and trade agreement bears economic and political significance and addresses the key concerns of both sides.

The deal has injected positive energy into the stability and development of the world economy, Liu said on Wednesday after signing the pact with US President Donald Trump in the White House.