News of the meeting gave a lift to the yuan and helped cap losses in China's stock markets.
It's unclear if the meeting will take place before or after August 23, which is when the Trump administration will impose 25 percent tariffs on $16 billion worth of Chinese imports.
Traders said Thursday's markets were pushed up by news that a Chinese delegation led by Vice Minister of Commerce Wang Shouwen will hold talks with US representatives led by Under Secretary of Treasury for International Affairs David Malpass later in August.
The last official round of talks was in early June when the U.S. commerce secretary, Wilbur Ross, met Liu He in Beijing.
Beijing and Washington started the trade war in July this year each imposing 25 percent tariffs on $34 billion of each other's exports.
Having made little progress in the previous meetings, the White House said on August 3 that the United States is open to further talks with China on how to resolve the festering trade dispute.
Those tariffs will be the latest action in an ongoing tit-for-tat exchange of duties between the two countries, prompting concerns of an escalating trade war between the world's two largest economies.
"The main objective is to see whether both sides are really interested in having further dialogue". And China has promptly hit back with tariffs on an equal amount of USA exports.
Chinese Vice Premier Liu He held talks with US Commerce Minister Wilbur Ross in Beijing in June.
Liu Weidong, a United States affairs expert at the Chinese Academy of Social Sciences, said a key aspect of Wang's visit was to check whether further formal dialogue between the two nations was possible.
"This will be 'talks about trade talks, '" said Gai Xinzhe, an analyst at the Bank of China's Institute of International Finance in Beijing.
"It is possible that China may stress to the U.S. that China will continue reform", he said.