China’s Foreign Minister Wang Yi called on Germany to prompt the EU to grant China market economy status. Wang met German Vice Chancellor and Foreign Minister Sigmar Gabriel in Germany on the sidelines of the G20 Foreign Ministers meeting. Minister Wang also had his first meeting with the incoming U.S. Secretary of State Rex Tillerson. It was the highest-level contact between the two countries since the inauguration of U.S. President Donald Trump on January 20. Ruan Zongze, Vice President of the China Institute of International Studies, said “the talks further clarified the new U.S. administration’s China policies”, and Tillerson’s reaffirming the one-China policy helps dismiss widespread doubts over bilateral ties. Wu Xinbo, Director of the Center for American Studies at Fudan University in Shanghai, said the meeting was pragmatic and indicates that key mechanisms, such as the China-U.S. Strategic and Economic Dialogue (SED), will continue in previous or similar forms. Incoming U.S. Treasury Secretary Steven Mnuchin has highlighted the need of a strong but balanced economic relationship between both countries in phone calls with Vice Premier Wang Yang, Liu He, Director of the office of the Central Leading Group on Financial and Economic Affairs, Zhou Xiaochuan, Governor of the People’s Bank of China (PBOC), and Finance Minister Xiao Jie.