Opinion

US-China dialogue attracts global attention

(Xinhua)
Updated: 2010-05-25 14:50
Large Medium Small

BEIJING - China and the United States held the second round of the Strategic and Economic Dialogue (S&ED) on Monday in Beijing.

The talks, which will discuss key issues including trade, investment, and global economic recovery, have received a lot of attention from international organizations and media around the world.

The US-China Business Council (USCBC) said in a statement Monday that the S&ED provided a forward-looking, high-level, cross-agency mechanism for dealing with key issues in the US-China relationship.

Special Coverage:
2010 Sino-US Dialogue
Related readings:
 US-China dialogue attracts global attention China, US to further discuss China's market economy status
 US-China dialogue attracts global attention Leading US business group hails US-China talks
US-China dialogue attracts global attention China, US agree on 'prudent' stimulus exit
US-China dialogue attracts global attention China, US get down to business
"Current tensions on the Korean Peninsula underscore the strategic value of the dialogue. At the same time, America's commercial relationship with China is critical to our nation's economic growth," USCBC President John Frisbie said in a statement.

Frisbie said the United States and China need to cooperate more on issues such as regional security, energy and the environment, maintaining open trade and investment regimes, and coordinating economic recovery policies.

"(Chinese) President Hu Jintao's opening statement today touched upon all of these issues, and we look forward to hearing more tomorrow when the S&ED concludes," Frisbie said.

The AFP reported Monday that the high-level talks were attended by a 200-strong US delegation.

"We will not agree on every issue. But we will discuss them openly, as between friends and partners," US Secretary of State Hillary Clinton said.

China's Vice-Premier Wang Qishan said that with increasingly close ties, the economies of the United States and China have become inseparable.

He said the two sides should regard this meeting as a good opportunity to evaluate the current situation and coordinate polices so as to ensure the continuous development of the two economies.

As the special representatives of President Hu, Wang and State Councilor Dai Bingguo are co-chairing the two-day S&ED together with  Clinton and US Treasury Secretary Timothy Geithner, the special representatives of US President Barack Obama.

About 50 representatives from 40-plus government departments of the two countries are also participated in the talks.

Succeeding the China-US Strategic Dialogue and China-US Strategic Economic Dialogue, the S&ED was established on April 1, 2009, by President Hu and President Obama during their first meeting in London on the sidelines of the G20 financial summit.