Addressing reporters after the talks, China's international trade representative with the Ministry of Commerce Li Chenggang said a "basic consensus" was reached after a "in-depth and candid discussion".
The two sides will hold consultations on important issues in China-US economic and trade ties in accordance with the important consensus reached by the heads of state of the two countries during their phone calls this year, the Commerce ministry spokesperson said in a statement.
There was no immediate indication whether any progress was made on Saturday during the more than 10-hour meeting between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in Switzerland.
US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng on Monday engaged in discussions on macroeconomic developments in both nations. Yellen during her discussions also addressed several US concerns, including China's non-market policies.
During the meeting, Yellen told Chinese officials that their industrial overcapacity, especially in green energy sectors, threatens American production of electric vehicles and solar panel parts.
US Secretary of the Treasury Janet L Yellen is set to host Chinese Vice Premier He Lifeng ahead of the APEC Finance Ministers Meeting in San Francisco, the US Department of Treasury said on Monday.
Vice premier of China, He Lifeng, arrived in Pakistan on Sunday for a three-day visit, where he will take part in a ceremony to commemorate the China Pakistan Economic Corridor (CPEC) project's tenth anniversary, Dawn reported.
China's economy grew by 2.9 per cent in the final quarter of 2022, down from 3.9 per cent in the third quarter. The GDP was 121 trillion yuan (USD18 trillion) from 114.37 trillion yuan in 2021.
The top Chinese official also called for improving response to the changing situation around the pandemic, stressing the importance of optimizing the country's policy on disease prevention, testing and quarantine measures, as well as immunization of the whole population.
The names of leaders that were not mentioned in the Central Committee list included Premier Li Keqiang, who was till lately the number 2 official of the Chinese Communist Party, National People's Congress Chairman Li Zhanshu, Chinese People's Political Consultative Conference chairman Wang Y