China’s Vice-Premier He Lifeng will visit Switzerland, meet with United States Treasury Secretary Scott Bessent, and later travel to France, the Chinese Foreign Ministry announced on Wednesday.

From Friday to Monday, the vice-premier will be in Switzerland for talks with Swiss leaders and other relevant parties, the ministry said in a statement.

“During his visit to Switzerland, Vice-Premier He, as the Chinese lead person for China-US economic and trade affairs, will have a meeting with the US lead person Treasury Secretary Scott Bessent,” reads the statement.

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From Monday to May 16, He will visit France to co-chair the 10th China-France High-Level Economic and Financial Dialogue with French officials, according to the statement.

In a separate statement, China's Commerce Ministry said on Wednesday China has agreed to engage with the US on tariff issues, after the White House signaled the possibility of adjusting its tariff policies and proactively reached out to Beijing through various channels.

The decision on the meeting between He and Bessent was made after China had carefully evaluated the US information and, taking into account global expectations, China's interests, as well as the appeals of US businesses and consumers, said a commerce ministry spokesperson.

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"China's position on these matters has been consistent – whether through dialogue or action, China's resolve to safeguard its development interests will not change, nor will its stance and goal of upholding international fairness and justice and maintaining the international economic and trade order," the spokesperson said.

"China is ready to fight to the end if needed, but its door remains open for dialogue. Any dialogue and negotiations must be based on mutual respect, equal consultation, and mutual benefit."

If the US wants to resolve the issues through negotiations, it must face up to the severe negative impacts its unilateral tariff measures have had on itself and the world, acknowledge the international economic and trade rules, fairness and justice, said the spokesperson.

The US must show its sincerity for talks, correct its erroneous practices, and work together with China to resolve the concerns through equal consultation, the spokesperson added.

"If the US tries to use talks as a pretext to continue its coercion and extortion, China will not accept it and will not sacrifice its principled stance or international fairness and justice to reach any agreement," the spokesperson said.

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China has noted that some other economies are also engaged in negotiations with the US. It is important to emphasize that appeasement cannot buy peace, and concessions will not earn respect. Adhering to principled positions and upholding fairness and justice are the right paths to safeguarding one's own interests, the spokesperson said.

Regardless of how the international situation may evolve, China will remain steadfast in expanding its opening-up, firmly defending the multilateral trading system centered on the WTO, and continuing to share development opportunities with countries around the world, the spokesperson added.