The 6th Round of China-US Strategic and Economic Dialogue Opened in Beijing
2014/07/09

On July 9, 2014, the 6th round of China-US Strategic and Economic Dialogue was opened at the Diaoyutai State Guesthouse. Wang Yang, President Xi Jinping's Special Representative and Vice Premier and State Councilor Yang Jiechi co-chaired the Dialogue with John Kerry, Special Representative of President Barack Obama and Secretary of State and Jacob J. Lew, Secretary of the Treasury of the US.

Wang Yang said in his speech that the important speech made by President Xi Jinping at the joint opening ceremony of the 6th round of China-US Strategic and Economic Dialogue and the 5th round of China-US High-level Consultation on People-to-People and Cultural Exchange had put forward expectations for the construction of the new model of major country relationship between China and the US as well as requirements for this round of Strategic and Economic Dialogue. The two delegations should make efforts to promote the Dialogue to achieve positive results and create more opportunities for cooperation between the two countries.

Wang Yang pointed out that the China-US Strategic and Economic Dialogue is full of vitality and is a positive interaction between the two major countries with different histories, cultures, social systems and levels of development. The two sides sit together every year and conduct dialogues on overall, long-term and strategic issues, which itself is the best interpretation of the new model of major country relationship between China and the US featuring "no conflict, no confrontation, mutual respect and cooperation with win-win results" and is also a beneficial exploration to improve global governance mechanism.

Yang Jiechi said in his speech that in face of profound changes in the international situation, it's more necessary and urgent for China and the US to jointly construct a new model of major country relationship. The mission of this round of Dialogue is, focusing on the important consensus reached by the two heads of state on jointly constructing the new model of major country relationship between China and the US, to actively seek integrating points of common interests, reduce misunderstanding and suspicion, broaden consensus and expand cooperation so as to inject more positive energy and new impetus into the development of the bilateral relations.

John Kerry said in his speech that, the fact that President Xi Jinping attended the joint opening ceremony and delivered an important speech reflects the importance of the US-China relations. President Obama expressed in his written speech that, the US and China should take advantage of this round of Dialogue to make it clear to the world that, despite such complex bilateral relations, the two countries must ensure that cooperation is the mainstream of the bilateral relations. The US side is committed to constructing a new model of major country relationship of reciprocity and mutual benefit with China, promoting common interests through cooperation and properly handling differences in a constructive way. The US side hopes to enhance mutual trust and promote cooperation with China through this round of Dialogue. The US does not believe that the conflicts between the conservative major country and the emerging major country are inevitable and that the US can compete but never conflict with China. The US does not seek to contain China, but expects to see a peaceful, stable and prosperous China.

Jacob J. Lew said in his speech that China's economic prosperity is very important to the global economy. As the two largest economies in the world, the common interests between the US and China are more than their differences. They should turn challenges into opportunities, create better opportunities for cooperation between enterprises and the public of the two counties through this round of Dialogue, implement the consensus between the two heads of state to construct a new model of major country relationship and benefit the two economies and even the Asia-Pacific and global economies.

On the same day, Wang Yang and Jacob J. Lew chaired the Economic Dialogue. The two sides conducted in-depth exchanges on macroeconomic policies and structural reforms, deepening cooperation in trade and investment, the reform and opening-up of the financial sector, cooperation in cross-border regulation and other topics.

Yang Jiechi and John Kerry chaired the Strategic Dialogue and the two sides conducted candid and in-depth exchanges of views on the China-US relations, their respective Asia-Pacific policies and major international and regional topics of common interest.

Wang Yang, Yang Jiechi, John Kerry and Jacob J. Lew also jointly attended the Special Joint Session on Climate Change of the 6th round of China-US Strategic and Economic Dialogue.

 

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