Chinese President and General Secretary of the Communist Party Xi Jinping gives a speech during the introduction of the Communist Party of China's Politburo Standing Committee, in Beijing's Great Hall of the People on October 25, 2017. China on October 25 unveiled its new ruling council with President Xi Jinping firmly at the helm after stamping his authority on the country by engraving his name on the Communist Party's constitution. / AFP PHOTO / WANG ZHAO

Chinese President Xi Jinping's top economic advisor Vice Premier Liu He will meet a top-level US trade delegation in Beijing this week, the Government has said.

 This comes amid a festering dispute between the world's two largest economies.

US President Donald Trump has threatened tariffs on up to $150 billion worth of Chinese goods to punish China over its joint-venture requirements and other policies the US says force American companies to surrender their intellectual property to state-backed Chinese competitors.

China, which denies it coerces such technology transfers, has threatened retaliation in equal measure, including tariffs on US soybeans and aircraft.

In a brief statement, China's Commerce Ministry welcomed the delegation's trip to Beijing set for today and tomorrow, adding that Liu would meet its members to "exchange views" on issues of mutual concern about Sino-US trade and business ties.

It did not elaborate.

Liu, a Harvard-trained economist, went to Washington in late February for trade talks, but achieved no breakthrough.

Instead, just as he arrived, the Trump administration announced global steel and aluminium tariffs.