It is beneficial not only to the economies of the two countries, but also to the world economy, she added.
Noting that the IMF has raised its forecast for China's economic growth in 2020 to 6.0 percent from 5.8 percent, Georgieva said that the IMF, whose main mission is to maintain world economic and financial stability, will as always provide fact-based policy recommendations conducive to world economic growth and do everything possible to unite all countries and resolve existing differences.
Donohue and Allen said the phase-one deal between the United States and China sends a very positive signal, which greatly benefits businesses and markets, and helps promote economic growth and prosperity in both countries as well as the world.
They said that the U.S. Chamber of Commerce and the U.S.-China Business Council as well as their affiliated institutions will do their best to support the governments and businesses of the two countries in implementing the phase-one agreement and enhancing mutual trust, and continue to play a positive role in U.S.-China economic and trade cooperation and the development of bilateral relations.
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