5th Round of China-U.S. Strategic Economic Dialogue
Backgrounder: China-U.S. Strategic Economic Dialogue
BEIJING, Dec. 4 (Xinhua) -- China hopes to join with
the United States to "actively promote" negotiation for a bilateral investment
protection accord, said Chinese Vice Premier Wang Qishan here Thursday.
Wang made the remarks when addressing the opening
morning of the fifth China-U.S. strategic economic dialogue (SED). He said
strengthening bilateral investment protection would help establish a fairer,
more transparent and predictable environment for mutual investment.
Wang said negotiation for the signing of a bilateral
investment protection agreement has made positive progress. He called on the two
sides to make concerted efforts to advance the negotiations based on the
principles of equality, cooperation and mutual benefit while taking into
consideration the situation of each country and balancing the major concerns of
both sides.
Mentioning current trade disputes between the
nations, Wang noted a fair and open international trade system is conducive to
the healthy development of the world economy.
"China is willing to work with the United States to
combat trade protectionism in any forms and support the resumption of the World
Trade Organization's (WTO) Doha round talks for comprehensive and balanced
outcomes", Wang said.
Initiated by the two presidents in 2006, the
twice-yearly SED is the highest-level among the existing China-U.S. dialogue and
consultation mechanisms. This week the two-day meeting is being held in Beijing.
Wang and the U.S. Treasury Secretary Henry Paulson
are co-chairing the current dialogue as special representatives of President Hu
Jintao and President George W. Bush.
China, U.S. start strategic economic
dialogue amid financial crisis
BEIJING, Dec. 4 (Xinhua) -- China and the United
States started their fifth strategic economic dialogue (SED) in Beijing amid the
deepening global financial crisis and transition in the U.S. government.
Chinese Vice Premier Wang Qishan and the U.S.
Treasury Secretary Henry Paulson co-chaired the dialogue on Thursday morning as
special representatives of President Hu Jintao and President George W.
Bush. Full story
