It said it would be willing to work with the US to "implement the important consensus" reached at December's G20.

At the Buenos Aires summit the two countries agreed to suspend new trade tariffs for 90 days to allow for talks.

China's statement comes after President Donald Trump tweeted "big progress" was being made in relations after a call with Chinese President Xi Jinping.

In Saturday's tweet, the US president said "talks were moving along very well".

Sunday's statement from Lu Kang, the spokesperson for the country's foreign ministry, appeared to confirm President Trump's optimism.

"China stands ready to work with the US to implement the important consensus reached by President Xi Jinping and President Trump in Argentina, expand co-operation on the basis of mutual benefit, manage differences on the basis of mutual respect," Mr Lu said.

Prior to the G20 meeting in Argentina, the US had warned it was considering 25% tariffs on $200bn (£152bn) of Chinese goods - more than double the 10% initially planned.

The White House says the tariffs are a response to China's unfair trade policies, which Mr Trump blames for helping to create a huge trade deficit.