U.S. Commerce Secretary Gina Raimondo is in China for a four-day visit aimed at reducing tensions over Taiwan. Speaking from Beijing after a meeting with her counterpart on Monday, Raimondo said the Biden administration wants to maintain a stable economic relationship with China and more than $700 billion of mutual trade between the U.S. and China.

Commerce Secretary Gina Raimondo: “The vast majority of our trade and investment relationship does not involve national security concerns. And in this regard, I am committed to promoting trade and investment in those areas that are in our mutual best interests.”