China, U.S. vow to strengthen economic ties, promote sustainable growth

WASHINGTON, Feb. 14 (Xinhua) -- China and the United States on Tuesday jointly released a fact sheet on strengthening U.S.-China economic relations, on the occasion of Chinese Vice-President Xi Jinping's current official visit to the United States.

The two countries vowed to promote the healthy and steady development of their bilateral cooperative partnership based on mutual respect and mutual benefit. They also agreed to build on the consensus reached by the presidents of the two countries during Chinese President Hu Jintao's state visit to Washington in January 2011.

They pledged to promote strong, sustainable and balanced growth of the two countries, cross-border trade and investment, financial sector development and to strengthen international cooperation.

The joint fact sheet said that under the framework of the Economic Track of the U.S.-China Strategic and Economic Dialogue (S&ED), the two countries recognize the following outcomes.