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US Treasury Secretary Scott Bessent reported that a meeting on September 20 between US and Chinese officials was "very successful," focusing on trade and artificial intelligence (AI). The eight-hour session, held at JPMorgan Chase’s headquarters in New York, involved Vice-Premier He Lifeng and top US trade official Jamieson Greer. Both sides agreed to establish a notification mechanism for AI-related security threats and committed to further dialogue on easing tensions over trade and technology issues ahead of the leaders' summit scheduled for September 24 in Washington.
Written locally by qwen2.5:14b on 2026-09-21,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Scott Bessent, U.S. Treasury Secretary, met with He Lifeng, Chinese Vice Premier, on September 20, 2026, in New York City ahead of a planned summit between President Donald Trump and Chinese leader Xi Jinping scheduled for September 24 in Washington. The talks focused on trade issues, tariffs, rare earth minerals, and artificial intelligence (AI), setting the stage for discussions at the leaders' meeting. U.S. Trade Representative Jamieson Greer also participated in the all-day session held at JPMorgan Chase's headquarters. Treasury Secretary Bessent called the engagement "very successful," emphasizing a proposed mechanism to enhance communication on AI security threats between the two nations. The summit aims to ease tensions and address economic and strategic concerns, though analysts predict limited breakthroughs due to ongoing great power competition. Markets responded positively to news of the productive talks, with Asian stocks advancing on Monday.
Written for “US-China Trade Talks Ahead Summit” on 2026-10-05,
grounded in this article and the 29 other(s) covering the same event.
US Treasury chief says meeting with China on trade, AI ‘very successful’
NEW YORK –
asserted
meeting → say → trade
US Treasury Secretary Scott Bessent touted a “very successful” meeting on trade and artificial intelligence with Chinese officials on Sept 20, adding that both sides discussed greater communication on AI threats.
asserted
sides → tout → threats
“We just had a very successful engagement with the Chinese,” Bessent told reporters after the all-day meeting with Vice-Premier He Lifeng.
asserted
Bessent → have → Lifeng
The discussions, which also included top US trade official Jamieson Greer, lasted around eight hours and set the stage for possible agreements on trade, AI and other issues before a summit of the countries’ top leaders.
asserted
which → include → leaders
US President Donald Trump and his Chinese counterpart Xi Jinping are due to meet on Sept 24 in Washington.
asserted
Trump → meet → Washington
Bessent said the United States proposed a notification mechanism between the two countries for incidents like security threats.
asserted
States → say → threats
“What we discussed was setting up a mechanism.
asserted
discussed → discuss → mechanism
So it’s going to be called the US-China AI dialogue,” he said.
asserted
he → go → ?
“We’ve agreed to meet again.”
asserted
We → agree → ?
Bessent and He also spoke one-on-one during the gathering that took place at JPMorgan Chase’s headquarters in New York.
Chinese official Li Chenggang, who was elevated to a top-level international trade representative post shortly before the meetings, was present too.
asserted
who → speak → meetings
Greer added that it is “imperative that we are able to work together”.
asserted
we → add → ?
Both sides are looking to ease tensions on trade, technology and other strategic concerns.
asserted
sides → look → trade
These include the possible extension of a trade truce and guardrails for artificial intelligence development.
asserted
These → include → development
US officials are also looking to ensure the continued flow of rare earth magnets and critical minerals that are vital for US manufacturers.
asserted
that → look → manufacturers
Working-level meetings could continue into Sept 21, a source familiar with discussions earlier told AFP.
uncertain
source → work → AFP
Previous negotiations saw China pledge purchases of US agriculture goods, and their fulfilment of the terms could also be an issue under scrutiny.
uncertain
fulfilment → see → scrutiny
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