BEIJING, July 27 -- Since the recovery of the global economy is still mired in uncertainty, the first China-U.S. Strategic and Economic Dialogue that opens in Washington Monday is expected to focus on imminent challenges facing the world.

    

Chinese Vice Premier Wang Qishan (L2) meets with U.S. Congressmen in Washington, D.C., on July 26, 2009, the day before the first round of the China-U.S. Economic and Strategic Dialogue, which is to be held in Washington, D.C. from July 27 to 28. (Xinhua, File Photo)     Photo Gallery>>>

    By including a wide range of bilateral, regional and global issues in the high-level talks, the two countries have demonstrated the much-needed farsightedness on the joint front to help shape a strong global strategy and lay the foundation for lasting and balanced growth after the worst economic crisis in many decades is over.

    The message is clear: As the world's fastest growing and biggest economies, China and the U.S. will do their best to maintain close communication and collaboration on global issues, properly handle disputes and sensitive matters, and consolidate bilateral ties. The willingness of the two countries to deepen and widen cooperation and mutual trust is important because it would help the world emerge out the economic crisis, and ensure a smooth progress of the post-crisis period.

    China and the U.S. both have responded with decisive monetary and fiscal policies to fight the crisis. Though China is showing strong signs of recovery and "spring shoots" seem to be sprouting in the US economy, global recovery is still far from certain. Therefore, the depth and extent of their cooperation to boost bilateral trade and economic ties and oppose protectionism will largely determine how fast the world steps out of recession.

    More importantly, the close cooperation between the two countries could yield a solution to long-term challenges such as climate change.

    Building Sino-U.S. ties into one of the most vigorous and influential bilateral relations will benefit not only peoples of the two countries, but also help the development of the rest of the globe and further world peace. To achieve that, the two countries have to launch joint efforts to reform the global financial system and put the world economy on the track to sustainable development.

    The two-day dialogue is just a stepping-stone to building a positive, cooperative and comprehensive bilateral relationship. And the fruition of such a relationship can only push global development forward and boost the world's confidence in a healthy post-crisis era.

    (Source: China Daily)

    Co-op is key word for first China-U.S. S&ED: U.S. Congressman

    

Chinese Vice Premier Wang Qishan meets with Rick Larson (L) in Washington, D.C., on July 26, 2009, the day before the first round of the China-U.S. Economic and Strategic Dialogue, which is to be held in Washington, D.C. from July 27 to 28. (Xinhua/Zhang Yan)     Photo Gallery>>>

    WASHINGTON, July 26 (Xinhua) -- Cooperation is the key word for the first round of the China-U.S. Strategic and Economic Dialogue (S&ED), said a U.S. congressman on Sunday.

    "I think members of Congress want to see the United States and China are cooperating in a number of issues," Rick Larsen, who serves as co-chair of the bipartisan U.S.-China Working group at Congress, said in an interview with Xinhua after a meeting with Chinese Vice Premier Wang Qishan. Full story

    Upgraded China, U.S. dialogue to focus on strategic, economic issues

    WASHINGTON, July 26 (Xinhua) -- The first round of the China-U.S. Strategic and Economic Dialogue (S&ED) will be held here on Monday and Tuesday, during which Chinese and U.S. officials will discuss an array of issues of strategic, overall and long-term significance.

    Chinese Vice Premier Wang Qishan will co-chair the "Economic Track" of the dialogue with U.S. Treasure Secretary Timothy Geithner, while Chinese State Councilor Dai Bingguo will co-chair the "Strategic Track" with U.S. Secretary of State Hillary Clinton. Full Story

    Strategic-economic dialogue to facilitate China-U.S. cooperation

    WASHINGTON, July 25 (Xinhua) -- The China-U.S. Strategic and Economic Dialogue (S&ED) will be held here on Monday and Tuesday, when the two countries will have extensive discussions on issues of common concern to deepen understanding, enhance mutual trust and promote cooperation.Full Story

    Special Report: First Round Sino-U.S. Strategic and Economic Dialogue