WASHINGTON - The United States and China concluded two days of high-level
economic talks on Wednesday with a variety of minor agreements.
have much more work to do, we have tangible results for our efforts thus far,"
Treasury Secretary Henry Paulson said at a concluding briefing. "These results
are like signposts on the long-term strategic road, building confidence and
encouraging us to continue moving forward together."
Paulson said in a statement that the two countries had agreed on a wide
variety of next steps to be taken in such areas as financial services, energy
and the environment and civil aviation.
Paulson said the two sides agreed to cooperate in the development of clean
energy technology, something critical in China, a country that depends heavily
on coal-fired power plants.
However, the two sides failed to make progress in one of the biggest
economic issues separating the countries: China's currency.
The Chinese delegation was scheduled to meet later Wednesday with House
Speaker Nancy Pelosi. They were to meet on Thursday with President Bush.