Dialogue with US leads to cooperation

China and the United States agreed to cooperate on macroeconomy, finance, trade, investment and global governance during their first Comprehensive Economic Dialogue on Wednesday, as the two sides discussed the One-Year Plan of economic cooperation in Washington.

Chinese Vice-Premier Wang Yang, US Treasury Secretary Steven Mnuchin and US Commerce Secretary Wilbur Ross co-chaired the meeting, which was held at the US Treasury Department. The two sides discussed bilateral trade and investment, a 100-Day Action Plan and the One-Year Plan, global economy and governance and macroeconomic policy, finance and agriculture.

Wang said cooperation is the only correct choice for China and the US, which are each other's largest trade partners and important sources of foreign investment.