| Paulson: dialogue with China "instructive & constructive"(12/13/07) | ||||||
BEIJING, Dec. 13 (Xinhua) -- U.S. Treasury Secretary Henry Paulson said Thursday the just concluded strategic economic dialogue (SED) with China has been "instructive and constructive." "We have had substantive, robust and engaging exchanges on a range of issues important to both our nations including the integrity of trade, balanced growth including financial services, energy security and environmental sustainability, and bilateral investment," he said. Paulson made the comments at a joint press conference following the conclusion of the closed-door Third China-U.S. Strategic Economic Dialogue that last one day and half. "The quality of our discussions has improved over the last year...By building closer relationships we have clarified perceptions and increased understanding, which is vital to keeping our economic relationship on an even keel, " he added. Paulson said the dialogue has proven to be an effective forum for progress, and "I look forward to continuing progress in managing our economic relationship for the benefit of both our nations."
Paulson said both the Untied States and China are major contributors to global growth, adding that "we each benefit from the other's success." "We discussed the importance of balanced growth in both our nations, and the role of competitive markets in spreading the benefits of growth to all our people," he added U.S. Trade Representative Susan Schwab told a news briefing that " this session of the SED and the Joint Commission on Commerce and Trade (JCCT) has shown us the importance of engagement and the premier approach to resolving issues between us and to building up cooperation on issues where we have clear mutual interests." During the dialogue, China and the United States also agreed to conduct extensive cooperation over a 10-year period to focus on technological innovation, adoption of clean technology and sustainable natural resources.
Third China-U.S. SED concludes with "complete success" BEIJING, Dec. 13 (Xinhua) -- The Third China-U.S. Strategic Economic Dialogue (SED) which concluded at noon Thursday was a "complete success," said Chinese Vice Premier Wu Yi. Wu made the remarks at a press conference following the conclusion of the one-day-and-a-half closed-door meeting. Full story Chinese vice premier urges to handle issue of food safety in a creative way BEIJING, Dec. 12 (Xinhua) - Chinese Vice Premier Wu Yi said on Wednesday that China and the United States should properly address new issues emerging in the course of the growth of bilateral business ties, turn difficulties and challenges into opportunities for cooperation and develop China-U.S. business ties in both depth and width. Full story Vice premier says China must oppose attempt to politicize trade issues BEIJING, Dec. 12 (Xinhua) -- China firmly opposes any attempt to politicize trade issues, Vice Premier Wu Yi said Wednesday. "Politicizing trade issues will harm the interests of not just one side, but both sides," Wu said at the opening ceremony of the Third China-U.S. Strategic Economic Dialogue (SED) held in Beijing on Dec. 12 and 13. Full story U.S. treasury chief stresses economic interdependence, warns against protectionism BEIJING, Dec. 12 (Xinhua) -- U.S. Treasury Secretary Henry Paulson stressed here Wednesday the economic interdependence between the United States and China, and warned against rising protectionist sentiment. Full story Chinese Vice Premier calls for dialogue, consulation at China-U.S. economic talks BEIJING, Dec. 12 (Xinhua) -- Chinese Vice Premier Wu Yi advocated dialogue and consultation as the only way to settle economic and trade disputes at China-U.S. high-level economic talks which opened here Wednesday. Full story China says consultation only way to solve trade disputes BEIJING, Dec. 12 (Xinhua) -- China and the United States should settle their economic and trade disputes through dialogue and consultation only, Vice Premier Wu Yi said Wednesday. Speaking at the opening ceremony of the bilateral Strategic Economic Dialogue, she recognized that the strong growth of China-U.S. business ties has boosted their cooperation in other fields and has become a foundation for the overall China-U.S. relations. Full story PBOC governor: CPI surge, U.S. interest rate cuts to influence China policy BEIJING, Dec. 12 (Xinhua) -- China's central bank governor, Zhou Xiaochuan, said on Wednesday that surging domestic consumer prices and recent U.S. interest rate cuts would have "considerable influence" over Chinese monetary policy. The central bank, the People's Bank of China (PBOC), would "seriously consider" the situation, added Zhou. Full story |
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