U.S. Treasury Secretary Henry Paulson said Thursday the just
concluded strategic economic dialogue (SED) with China has been
"instructive and constructive."
"We have had substantive, robust and engaging exchanges on a
range of issues important to both our nations including the
integrity of trade, balanced growth including financial services,
energy security and environmental sustainability, and bilateral
investment," he said.
Paulson made the comments at a joint press conference following
the conclusion of the closed-door Third China-U.S. Strategic
Economic Dialogue that last one day and half.
"The quality of our discussions has improved over the last
year...By building closer relationships we have clarified
perceptions and increased understanding, which is vital to keeping
our economic relationship on an even keel," he added.
Paulson said the dialogue has proven to be an effective forum
for progress, and "I look forward to continuing progress in
managing our economic relationship for the benefit of both our
nations."
Paulson said both the Untied States and China are major
contributors to global growth, adding that "we each benefit from
the other's success."
"We discussed the importance of balanced growth in both our
nations, and the role of competitive markets in spreading the
benefits of growth to all our people," he added
U.S. Trade Representative Susan Schwab told a news briefing that
"this session of the SED and the Joint Commission on Commerce and
Trade (JCCT) has shown us the importance of engagement and the
premier approach to resolving issues between us and to building up
cooperation on issues where we have clear mutual interests."
During the dialogue, China and the United States also agreed to
conduct extensive cooperation over a 10-year period to focus on
technological innovation, adoption of clean technology and
sustainable natural resources.
(Xinhua News Agency December 13, 2007)
