US Treasury Secretary Henry
Paulson Wednesday afternoon began his third China trip in seven months in
preparation for the second round of China-US Strategic Economic Dialogue due to
be held in May in Washington.
US Treasury Secretary Henry Paulson (L) shakes hands
with Chinese Vice Premier Wu Yi during a meeting at Beijing airport March
7, 2007. [Reuters]
Upon his arrival, Chinese State Councilor Wu Yi met with Paulson. Wu conveyed
Chinese President Hu Jintao's oral message to his US counterpart George W. Bush
Hu said China attaches importance to the Sino-US Strategic Economic Dialogue,
and will make efforts to ensure it succeed to deepen the China-US relationship.
Wu and Paulson held close-door talks prior to the official meeting.
After the meeting, Paulson will fly to Shanghai, where he is scheduled to
deliver a speech and meet with some businessmen.
China and the United States launched the mechanism of the strategic economic
dialogue last September. Wu Yi and Paulson co-chaired the dialogue as the
special representatives of the presidents of the two countries.
The dialogue will be held twice a year. The first round of dialogue was held
last December in Beijing.
Wu told Paulson that China is ready to make joint efforts with the United
States to promote the success of the second round of dialogue, in a bid to
enhance strategic mutual trust, realize mutual benefits and win-win results, and
promote the all-round development of China-US constructive and cooperative
Paulson said President Bush attaches great importance to US-China strategic
economic dialogue and makes it a key task of the Bush administration to advance
Paulson expressed his willingness to closely cooperate with Wu to jointly
promote the progress of the dialogue and fully carry out the important consensus
reached by the two heads of states, in a bid to make contribution to the
development of US-China constructive and cooperative relations.
Before leaving for China, Paulson told reporters that the relationship was
very important for the United States and it should not perceive China as an
"I would say that our relationship with China is multifaceted and it's a very
important relationship for the US," said Paulson in an interview on ABC, calling
for proper handling of the relationship with China "on a long-term