China-U.S. Strategic and Economic Dialogue concludes in Washington

WASHINGTON, May 10 (Xinhua) -- China and the United States wrapped up the two-day China-U.S. Strategic and Economic Dialogue (S&ED) here on Tuesday following comprehensive and productive discussions.

The United States and China are building up more understanding and trust through the dialogue, and both sides are endeavoring to further deepen the bilateral ties in a range of different sectors, said U.S. Secretary of State Hillary Clinton.

The third round of S&ED was co-chaired by Chinese Vice Premier Wang Qishan, State Councilor Dai Bingguo and U.S. Treasury Secretary Timothy Geithner and Hillary Clinton.

The dialogue mechanism was upgraded from former Strategic Dialogue and biennial Strategic Economic Dialogue, which were initiated by the two heads of state in 2005 and 2006, respectively.

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