Major achievements in China-US S&ED

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The 7th China-U.S. Strategic and Economic Dialogue (S&ED) and the 6th China-U.S. High-Level Consultation on People-to-People Exchange (CPE) will take place in Washington on June 22-24.

China and the United States have been holding the annual S&ED talks since 2009 as a major channel of communication to enhance mutual trust, boost cooperation and properly handle differences.

The following is a retrospect on the achievements made in the previous S&ED and CPE talks:

2014 S&ED, CPE in Beijing on July 9-10:

The year 2014 marked the 35th anniversary of the establishment of diplomatic relations between China and the United States. Stressing that common interests far outweigh differences, Chinese President Xi Jinping put forward proposals on accelerated negotiations on the Bilateral Investment Treaty (BIT), strengthening military dialogue, fighting terror, climate change and coordination on international and regional issues.

Chinese Vice Premier Wang Yang announced that the first round of negotiations on the BIT would be concluded shortly and enter the next phase on a negative list, which details sectors barred to U.S. investment.

Climate cooperation also tops the agenda during the meeting. Companies and research institutes from both sides signed eight partnership agreements, covering areas from carbon capture to low-carbon cities.

It was the first time the CPE had been held alongside the S&ED. To build bonds between youth and create a peaceful future, China and the U.S. signed a series of agreements and were expected to achieve results in 103 programs.

The CPE focused on closer links between Chinese and American youth, with highlights including a school cooperation program proposed by President Xi's wife Peng Liyuan and U.S. President Barack Obama's wife Michelle, and a commemoration of the 35th anniversary of student exchange.

2013 S&ED in Washington on July 10-11:

The fifth round of S&ED talks saw significant progress and new political commitment in the BIT talks between Washington and Beijing.

After nine rounds of technical discussions, the two sides agreed to enter into substantive negotiations of the BIT.

During the dialogue, the two sides held meetings on energy security and climate change, identifying key areas for future cooperation. They also expanded their EcoPartnership program with the signing of six new partnership agreements to reduce greenhouse gases emissions and improve energy efficiency as well as create jobs.

2012 S&ED in Beijing on May 3-4

Special representatives of both sides agreed to work together in optimizing the investment environment for companies in both countries.

The two-day dialogue resulted in both parties reaching several significant agreements.

In the strategic sector, the two sides agreed to promote high-level exchanges, enhance dialogue and consultation, jointly address regional and global challenges, step up bilateral cooperation and expand cooperation in the fields of climate change, energy, environment and science and technology.

They agreed to hold the next round of the Asia-Pacific affairs consultation in the second half of this year, according to the outcome document.

This round of economic dialogue yielded 67 outcomes, covering macro-economics, trade and investment as well as finance.

2011 S&ED in Washington on May 9-10

The two countries signed the U.S.-China Comprehensive Framework for Promoting Strong, Sustainable and Balanced Growth and Economic Cooperation. This has been dubbed as a milestone for China-U.S. economic cooperation by the two sides.

China and the United States also reached consensus on a host of bilateral economic issues, including Chinese investment in the United States.

2010 S&ED in Beijing on May 24-25

China and the United States achieved consensus during the second round of S&ED on bilateral relations, facilitating global economic recovery and anti-protectionism in international trade, and pushing forward financial reforms and development of important international affairs.

The two dialogue partners also signed agreements covering trade, environment, energy and disease control at or on the sidelines of the S&ED, underscoring the value of the dialogue platform.

2009 S&ED in Washington on July 27-28

The first round of the S&ED saw "a candid and in-depth exchange of views on the strategic, long-term and overarching issues concerning the development of bilateral relations" between China and the United States.

At a time of continued challenges in international financial markets, the two sides agreed that increased China-U.S. cooperation not only served the common interests of the two peoples, but also contributed to peace, stability and prosperity of the Asia-Pacific region and the world at large.

The U.S. side said new policies were being developed to expedite visa processing for Chinese citizens -- an area that has hindered many Chinese trying to visit the United States.

They agreed to respectively take measures to promote balanced and sustainable economic growth in their domestic economies to ensure a strong recovery from the international financial crisis.

They reaffirmed a commitment to more open trade and investment and to fighting protectionism to promote economic growth, job creation and innovation.

The two sides also negotiated a Memorandum of Understanding (MOU) to Enhance Cooperation on Climate Change, Energy and the Environment.

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