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China-U.S. talks yield substantial results

http://msn.finance.sina.com.cn 2012-05-07 17:53 来源: 商务部网站

  China and U.S. wrapped up their fourth round of Strategic and Economic Dialogue (S&ED) on Friday in Beijing, with 67 substantial outcomes yielded in the economic track, covering macro-economics, trade and investment as well as finance.

  In the dialogue, China agreed to make changes to boost domestic consumption, harness profits from state-owned firms to boost social spending and open the Chinese economy wider to competition while the U.S. pledged to encourage exports of high tech products for civil use to China and promised to facilitate Chinese investment in the U.S.

  The dialogue started Thursday was co-chaired by Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo, special representative of Chinese President Hu Jintao, and U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner, special representative of U.S. President Barack Obama.

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