China, US launch strategic economic dialogue
(Xinhua)
Updated: 2006-09-22 14:09

During Paulson's stay in Beijing, Chinese President Hu Jintao and Premier Wen Jiabao will meet with him.

Officials from the National Development and Reform Commission and the ministries of finance, commerce, health, and information industry are also scheduled to meet with Paulson.

"I will talk with them on different and very important sets of issues," Paulson told reporters after his meeting with Wu.

The former chairman of Goldman Sachs, the world's leading investment bank, knows China very well. Before becoming Treasury chief in July, he had visited China more than 70 times to broker lucrative deals for the bank.

His approach toward China is rational, but whether his suggestions would be applied in practice under the current US system is still unknown, Mei said.

The problems between China and the US in the economic field are rather complicated, which cannot be solved in one or two visits, Mei added.



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