Following a crucial economic and trade meeting in Geneva, the United States and China released a joint statement outlining their commitment to rebuilding bilateral economic relations. The agreement recognizes the importance of maintaining a sustainable, long-term, and mutually beneficial economic and trade relationship between the two nations. Key points from the joint statement include: 1) Both countries agreed to take steps towards greater mutual opening of markets. 2) Continued dialogue and communication will be prioritized for addressing concerns in the economic and trade sphere. 3) The agreement emphasizes bilateral respect as a cornerstone of future interactions.