President Hu Jintao and Premier Wen Jiabao gave a warm welcome
to US Treasury Secretary Henry Paulson in Beijing Friday, and
highlighted the "strategic economic dialogue" in addressing
long-term economic relations between the two countries.
"China and the US have jointly announced the establishment of
the China-US economic strategic dialogue. The two sides should have
in-depth discussions on bilateral and global strategic economic
issues under the dialogue mechanism," Hu said.
Hu said the economics dialogue will help "make suggestions for
high-level policy making by the two nations."
Vice Premier Wu Yi and Paulson, as special representatives of
President Hu and US President George W. Bush, will co-chair the
dialogue.
The dialogue will convene semi-annually in Beijing and
Washington, with the first meeting to be held before the end of
2006.
Hu suggested the economic strategic dialogue, along with such
existing China-US dialogue mechanisms as Joint Commission on
Commerce and Trade and Joint Economic Committee, serve the purpose
of "deepening bilateral trade cooperation and promoting common
development."
(Xinhua News Agency September 22, 2006)
