5th Round of China-U.S.
Strategic Economic Dialogue
Backgrounder: China-U.S. Strategic Economic
Dialogue
BEIJING, Dec. 5 (Xinhua) -- China and the United States agreed on Friday to
strengthen their capability of coping with emergencies on food security and
product safety.
The agreement has been written in a document outlining results of the
two-day fifth round of the Sino-U.S. Strategic Economic Dialogue (SED).
According to the agreement, the two countries will evaluate the realization
of the existing contracts and brief each other on projects progress.
The U.S. Consumer Product safety Commission will take into consideration
China's opinion on implementation of the U.S. Consumer Product safety
Improvement Act of 2008.
The two nations reaffirmed that they wish to realize an agreement on food
and feed staff, as well as a memorandum of understanding on food security
information exchange.
China and the Unite States also agreed to participate in activities of
world organizations for animal health, International Plant Protection
Convention, Codex Alimentarius Commission, among other international
organizations.
The two nations set up a Chinese herbal medicine cooperation committee or
working group and decide upon first batch of cooperation projects. Substitutes
for endangered animals needed in traditional herbal medicine will be included in
topics for the working group.
The Sino-U.S. high-profile economic dialogue concluded on Friday morning
with important consensus reached on the financial turmoil and critical issues of
the two economies.
China, U.S. agree
to further cooperate on energy, environment
BEIJING, Dec. 4 (Xinhua) -- A
senior Chinese official said here on Thursday that China and the United States
have reached consensus in five major areas to step up energy and environmental
protection cooperation during the on-going fifth round of the Strategic Economic
Dialogue (SED). Full story
China, U.S. inject $20 bln trade
finance to boost global commerce
BEIJING, Dec. 5 (Xinhua) -- China and the United States on Friday said they
would inject 20 billion U.S. dollars for trade finance to buoy up the global
commerce.
"The two export-import banks (in United States and China) will make
available an additional 20 billion U.S. dollars for trade finance, particularly
for creditworthy importers in developing countries," U.S. Treasury chief Henry
Paulson told the press. Full story