Overview

• Yellen indicates she will likely step down after President Biden's term ends in January.
• She plans to meet with Chinese Vice Premier He Lifeng to manage economic relations.
• Yellen emphasizes the need for ongoing high-level discussions between the U.S. and China.
• The U.S. aims to address China's industrial overcapacity and other economic issues.
• Yellen believes the U.S. economy is stable, with solid consumer spending and low inflation.