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Chinese President Hu Jintao (R) meets with U.S. Treasury Secretary Henry Paulson in Beijing, Dec. 13, 2007. [Xinhua Photo]
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President Hu Jintao on Thursday called for further cooperation between China and the U.S.as the two countries wound up two days of economic talks with a slew of agreements in Beijing.
"I hope the two sides can make efforts to perfect the dialogue so that it can better serve the overall development of the Sino-U.S. constructive and cooperative relations," Hu told a delegation to the Third Strategic Economic Dialogue (SED) headed by U.S. Treasury Secretary Henry Paulson.
Hu, who initiated the dialogue with U.S. President George W. Bush in 2006, said a great deal of helpful experience have been gathered in the past three talks.
"The dialogue, together with other mechanisms, has become an important occasion for enhancing mutual strategic trust and practical cooperation," he said.
China was willing to work with the U.S., from a strategic and long-term view, to further cooperation in international and regional issues, Hu said.
"We need to respect and address major mutual concerns, consistently broaden mutual interests, and achieve new development in the constructive and cooperative relations between China and the U.S. in the new year," he said.
Paulson said the Chinese and U.S. presidents established the important principles for the economic dialogue, which had become a platform for the two sides to promote trust.
He said the U.S. side would continue to forge ahead with the dialogue with more fruitful results.
He said in a closing statement after the dialogue, "The quality of our discussions has improved over the last year, as we have come to know one another better."
Related
Results of 3rd China-U.S. Strategic Economic Dialogue
China, U. S. sign first MOU addressing illegal logging, timber trade
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The following are the results of the 3rd China-U.S. Strategic Economic Dialogue closed on Thursday afternoon:
In food safety:
-- Both sides commit to expand their dialogue and information-sharing to enhance the infrastructure of laws, policies, programs and incentives that allow for effective government oversight of exports of food, drugs, medical products, and consumer goods. Full story
China, U.S. work out new tasks following strategic economic dialogue
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The Chinese and U.S. governments have prioritized their work during the coming six months following the third China-U.S. Strategic Economic Dialogue. They are as follows:
-- Further intensify dialogue and exchanges in the areas of product and consumer safety, including food, feed, and drug and medical products, through new and existing bilateral cooperation mechanisms. Full story
China, U.S. agree on closer cooperation in financial service sector
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China and the United States have agreed to beef up their cooperation in the financial service sector during the third strategic economic dialogue that ended at a resort outside Beijing Thursday.
China pledged to examine its policy on foreign participation in domestic securities firms and come up with recommendations on new ceilings of foreign ownership, according to a joint fact sheet circulated after the dialogue. Full story
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China and the United States agreed to work together to combat illegal logging and the associated wood trade in order to promote sustainable forest management, according to statement by both countries on Thursday.
Under a joint Memorandum of Understanding (MOU) signed after the 3rd Strategic Economic Dialogue, the two countries would start immediately to share information on shipments of timber, step up law enforcement against illegal activity and encourage private-sector partnerships to promote sustainable forest management. Full story
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