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BIZCHINA> Backgrounder

China, US meeting sets positive tone for SED

(Xinhua)
Updated: 2007-12-11 19:59

Wu urged both sides to be far-sighted, to think strategically and to facilitate consultation and collaboration.

"Imposing restrictions on normal trade or resorting to protective measures will be only be detrimental to the interests of both sides and useless in resolving problems," she said.

Dismissing concerns that China would narrow the scope of its opening-up policies, Wu reiterated that the country would not change its stance on the broader use of foreign capital. "China's door has been and will be resolutely opened to the outside world," she said.

The China-US Strategic Economic Dialogue, launched by Chinese President Hu Jintao and his US counterpart George W. Bush, in September 2006, will last two days this year.

It will focus on six long-term topics: the challenges of globalization, trade integration, balanced economic development, the economic impact of energy choices, economic growth and sustainability and bilateral investment.

(For more biz stories, please visit Industries)

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