On Friday, the Treasury Department said that Janet Yellen and He Lifeng had "candid, direct and productive" discussions on the US-China economic relationship.
"The Chinese side unequivocally raised concerns over U.S. restrictions against China on two-way investment, sanctions on and suppression of Chinese enterprises, export controls against China, and extra tariffs, and demanded earnest action from the U.S. side to address China's concerns," the State Council of China said in a statement.
The two officials agreed that the both countries did not "seek to decouple their economies" and welcomed the development of healthy economic relations between China and the United States, the State Council added.
The talks were held ahead of the meeting between US President Joe Biden and Chinese President Xi Jinping on November 15. The Chinese president will visit the United States from November 14-17 to participate in the Asia-Pacific Economic Cooperation (APEC) summit.