BEIJING, July 8 -- Chinese Vice Premier He Lifeng on Saturday met with U.S. Treasury Secretary Janet Yellen in Beijing.

Focusing on the implementation of the important consensus reached by the two heads of state during their meeting in Bali, the two sides had in-depth, candid and practical exchanges on the economic and financial situation of the two countries and the whole world as well as on working together to address common global challenges. The talks were constructive.

Noting that the overstretching of national security does no good to the normal economic and trade exchanges, the Chinese side expressed concerns over the sanctions and restrictions imposed by the United States on China.

The two sides agreed to strengthen communication and cooperation on addressing global challenges, and continue maintaining exchanges and interactions.