“Tariff reductions on agricultural products would mark a normalisation of China-US farm trade, allowing commercial buyers to re-enter the market,” said Johnny Xiang, founder of Beijing-based AgRadar Consulting.
The ministry said both sides agreed to “resolve or make substantive progress” on non-tariff barriers and market access issues.
China will work to address US concerns over registration of beef facilities and poultry exports from certain US states, it said.
Beijing on Friday granted five-year registration extensions to 425 US beef plants that had largely been shut out after their registrations lapsed last year, and approved new five-year registrations for 77 additional US facilities.
US Secretary of Agriculture Brooke Rollins wrote in a post on X on Saturday that China agreed to implement beef commitments that include resuming imports from 17 US states.
US Trade Representative Jamieson Greer said on Friday the US expects China to buy “double-digit billions” worth of US farm goods over the next three years, although neither side has yet released details on specific products, values or volume.