The first high-level talks between Beijing and Washington to be held on July 27 and 28 is apparently under the spotlight of the world media, which want to see how the new mechanism will help the two major players in the world to address their differences and concerns on their bilateral and global issues.
BBC stressed that "China and the US are well aware they need each other. Their economies are bound together tightly."
When it comes to the possible differences between China and the US, for example, trade, BBC believes "it does mean they accept the need to sort out problems in forums like this."
Zhu Guangyao, an assistant Chinese finance minister, said last week that China would request the U.S. to adopt responsible economic policies to maintain the dollar stability of and safeguard the Chinese investment in the United States.
BBC thinks that the US Treasury Secretary Timothy Geithner will be seeking to soothe those fears.
"With the global economy mired in recession, the United States and China have enormous stakes in resolving tensions in such areas as America's huge trade deficit with China and the Chinese government's unease over America's soaring budget deficits," said Washington Post.
In terms of environmental issues, the United States, the world's biggest energy consumer, and China, the biggest producer of carbon dioxide -- the chief greenhouse gas – "are set to tackle the thorny issues of climate change and energy programs," according to Yahoo news.
The first China-US Strategic and Economic Dialogue, which is decided by the Chinese President Hu Jintao and the US president Obama in April this year, will be held in Washington.
By People's Daily Online