China and the US share broad common interests and the economic and trade cooperation between the two countries is mutually beneficial, China's Commerce Minister Wang Wentao told US-China Business Council President Craig Allen via video link on Thursday. He also expressed the hope that the China-US economic and trade relations can go back to normal as soon as possible. In the video talk, Wang said the meeting between Chinese President Xi Jinping and US President Joe Biden in Bali, Indonesia set the tone for bilateral economic and trade relations. The Chinese side is willing to work with the US to implement the important consensus reached by the two heads of state in Bali, seek common ground, and conduct rational, pragmatic and professional communication, promoting bilateral cooperation, Wang said.