BEIJING, May 26 (Reuters) - China's Commerce Minister raised in a meeting with the U.S. Commerce Secretary on Thursday key concerns on economic and trade policies towards China, including semiconductor policies, export controls and reviews on foreign investments, a ministry statement early on Friday said.

Both sides agreed to establish communication channels to maintain and strengthen exchanges on specific economic and trade concerns and cooperation matters, China's commerce ministry said of the meeting between Commerce Minister Wang Wentao and Gina Raimondo in Washington. (Reporting by Liz Lee and Wang Jing; Editing by Muralikumar Anantharaman)