Interview: China-US S&ED and the economic and trade ties between the two countries

08:31, June 07, 2010      

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The recently concluded second round of China-U.S. Strategic and Economic Dialogue (S&ED) was widely considered a success. It enhanced strategic mutual trust and smoothed communications between the two countries, providing a basis for talks on more substantial issues. The second round of the S&ED eased previous tensions between the two sides and created a favorable environment for China-U.S. economic and trade cooperation. It served as a role model for global coordination on economic policies, laying a good foundation for the next G20 summit in June.

After the outbreak of the global financial crisis, China and the United States have cooperated to curb recession and contributed to the stability of global economy. However, problems including trade frictions, U.S.' high-tech export restrictions and China's market access issues still hurdle the further development of the economic and trade ties between the two sides.

The strategic and economic dialogues platform is an extremely useful mechanism, which motivates the two governments to prepare for cooperation and provides channels for further dialogues, said Xiao Geng, director of Tsinghua-Brookings Center for Public Policies, in the interview with People's Daily Online. "The China-U.S. relationship has become complicated, but very solid."

"I'm very confident that the (China-U.S.) relationship will be much, much better," said John Milligan-Whyte, chairman of the Center for America-China Partnership. (John Milligan-Whyte and Dai Min's column at People's Daily Online)

John Milligan-Whyte, chairman of the Center for America-China Partnership.

Xiao Geng, director of Tsinghua-Brookings Center for Public Policies.

By People's Daily Online


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