The two sides welcomed the establishment of the China-U.S. Energy Cooperation Program (ECP), a partnership between government and industry to enhance energy security and combat climate change. The ECP will leverage private sector resources and expertise to accelerate the deployment of clean energy technology.

The two sides commended the results of the recently-held Fourth China-U.S. Energy Policy Dialogue and Ninth China-U.S. Oil and Gas Industry Forum and welcomed the launch of a China-U.S. Shale Gas Resource Initiative to accelerate the development of unconventional natural gas resources in China. Drawing on recent experience in the United States, this initiative aims to improve energy security in both countries and help China transition to a low-carbon economy.

The two sides agreed to work together to advance global efforts to promote the peaceful use of nuclear energy. They welcomed the recently-concluded Third Executive Committee Meeting of the Global Nuclear Energy Partnership, and the commitment of the partnership to explore ways to enhance the international framework for civil nuclear energy cooperation. They agreed to consult with one another in order to explore such approaches-including assurance of fuel supply and cradle-to-grave nuclear fuel management so that countries can access peaceful nuclear power while minimizing the risks of proliferation.

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