China Commerce Ministry: There has been new progress in negotiating the text of a US-China trade deal

China's Commerce Ministry was out with some positive trade-related headlines in the last hour and said that there has been new progress in negotiating the text of a US-China trade deal.

Additional quotes:

   •  Plenty of work still remaining with the US on the trade deal.
   •  China and the US to keep in close contact in various effective ways.