China, U.S. agree to work together on energy security

0 CommentsPrint E-mail Xinhua, May 26, 2010
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China and the United States agreed Tuesday to cooperate in ensuring energy security as the two-day China-U.S. Strategic and Economic Dialogue concluded in Beijing.

As the world's two largest producers and consumers of energy, China and the United States have the responsibility to ensure energy security, according to a joint media statement by China and the U.S. on Tuesday.

The two countries have agreed to work to stabilize the international energy market by improving its transparency, avoiding sharp fluctuations of oil prices, and also by closely working with the International Energy Agency and other organizations.

A special team will be established to enhance information sharing and cooperation in technological support, the statement said.

China and the United States agreed to broaden cooperation in clean coal, nuclear power security and operation, renewable energy, and electric vehicles.

A diversified power supply for vehicles was vital for energy security for both countries in the coming decades, the statement said, stressing promotion of electric cars, energy-saving technologies, and advanced fuel substitutes.

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