Chinese Vice Premier Wang Qishan said Monday that China and the United States "face both common challenges and opportunities of cooperation."
The People's Bank of China set the yuan's reference rate at a new record high of 6.4988 per dollar on Monday, right ahead of the annual China-US Strategic and Economic Dialogue held in Washington.
President Hu Jintao and United States President Barack Obama agreed to set up the mechanism of the China-US Strategic and Economic Dialogue (S&ED) on April 1, 2009, during their first meeting, in London on the sidelines of the G20 financial summit.
Concrete results and fair treatment are the most important requirements for a successful third round of the China-US Strategic and Economic Dialogue (S&ED) that opened in Washington on Monday, experts say.
China and the US have far more shared interests than differences, and nothing can hold back the momentum of cooperation, Vice-Premier said.Full Text
'Core interests' should be focus of talks: experts
Full text of remarks by Chinese State Councilor
China presses US on high-tech exports cap
The American companies are losing business opportunities and market share in China because of the export control policy against China, said Chinese Commerce Minister Chen Deming on Monday in Washington.
The United States and China will cooperate and build "closer economic ties" through dialogues, the US Treasury Secretary Timothy Geithner said on Monday.
China and the United States need to build closer economic ties against the backdrop of changing global economic outlook, according to economic policy makers of the two sides on Monday.
American companies are losing business opportunities and market share in China because of the export control policy against China, said Chinese Commerce Minister Chen Deming on Monday in Washington.
China and the United States could step up cooperation on financial reform and regulation, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), said.
Many American firms have lost business opportunities and market share in China as a result of US government imposing control on high-tech exports to China.
China's new security review of foreign direct investment, which began in April, is "open, fair and transparent", Chen Deming, Chinese minister of commerce said on Monday.
China presses US on high-tech exports cap