HONG KONG (AP) — China signaled on Friday that the United States could restore Hong Kong ‘s preferential privileges, saying Washington confirmed it will not renew an executive order that revoked the city’s special trading status.

The Commerce Ministry said that the U.S. made commitments on Hong Kong issues and other matters during the U.S.-China trade talks in Madrid last year. The U.S. recently confirmed to China that the President’s Executive Order on Hong Kong Normalization would end, the ministry said in a statement responding to media questions.