The United States and China have concluded the final trade consultations of the Obama administration. The two sides agree that steadiness and consistency are the top priority during the transfer of power to Donald Trump’s presidency.

The 27th Session of the China-U.S. Joint Commission on Commerce and Trade (JCCT) is held in Washington D.C., capital of the United States, on Nov. 23, 2016. (Xinhua/Yin Bogu)

At the annual China-U.S. Joint Commission on Commerce and Trade, Chinese Vice Premier Wang Yang and U.S. Secretary of Commerce Penny Pritzker, were exploring ways to implement the economic consensus reached by the heads of both countries in Hangzhou earlier this year.

Wang stressed implementing these agreements for fewer bumps after Trump takes over. Pritzker said the U.S. private sector has benefited from its business with China, but it is now facing challenges from rising protectionism.