5th Round of China-U.S. Strategic Economic Dialogue

Backgrounder: China-U.S. Strategic Economic Dialogue

    BEIJING, Dec. 4 (Xinhua) -- China and the United States started strategic economic dialogue in the Chinese capital on Thursday morning.

    The talk came amid the deepening global financial crisis and the transition of the U.S. government.

    The two-day talks were co-chaired by Chinese Vice Premier Wang Qishan and U.S. Treasury Secretary Henry Paulson, both as special representatives of presidents of the two countries.

Paulson says engagement with China yields results

U.S. Treasury Secretary Henry Paulson speaks at a news conference at the Treasury Department in Washington, Nov. 25, 2008. Paulson said Tuesday that the engagement with China through the Strategic Economic Dialogue (SED) has helped yield many results. (Xinhua/Reuters Photo) Photo Gallery>>>

    WASHINGTON, Dec. 2 (Xinhua) -- U.S. Treasury Secretary Henry Paulson said Tuesday that the engagement with China through the Strategic Economic Dialogue (SED) has helped yield many results.

    "We have learned that engagement works, that engagement can help achieve meaningful, tangible results that would not have been possible otherwise," Paulson told a Washington forum ahead of the fifth SED in Beijing this week.

FM spokesman: China hopes for successful economic dialogue with U.S.

    BEIJING, Dec. 2 (Xinhua) -- China on Tuesday voiced hope of success for the Strategic Economic Dialogue (SED) with the United States later this week, saying that both sides will make efforts for this goal.

    "The SED is an important mechanism initiated by state leaders of both countries to promote the healthy and stable development of Sino-U.S. economic relations. It is proven to promote in-depth discussions on some strategic, comprehensive issues," foreign Ministry spokesman Liu Jianchao told a regular press conference. Full story

U.S. diplomat: SED importance stressed in presidential transition 

    BEIJING, Dec. 2 (Xinhua) -- U.S. Assistant Secretary of State Daniel S. Sullivan said on Tuesday that the Obama team has already been briefed on the importance of the China-U.S. Strategic Economic Dialogue (SED).

    "The transition between the Bush administration and the Obama administration is very closely coordinated," he told reporters here at the U.S.-China Conference on Innovation and Commercialization.  Full story