China-US high-level dialogue

CNC report from Washington
Added On July 10, 2013

The fifth China-U.S. Strategic and Economic Dialogue will start on Wednesday.

The Chinese delegation led by Vice Premier Wang Yang and State Councilor Yang Jiechi has arrived in Washington.

China's Vice Premier Wang Yang and State Councilor Yang Jiechi, acting as special representatives of Chinese President Xi Jinping, lead the Chinese delegation.

They'll co-chair the two-day dialogue with U.S. President Barack Obama's special representatives -- Secretary of State John Kerry and Treasury Secretary Jacob Lew.

Wang and Lew will preside over the economic track talks, while Yang and Kerry will co-host the strategic track talks.

Top on the agenda will be how to implement the consensus reached by the two presidents last month. The two leaders agreed to build a new type of major-country relationship based on mutual respect and win-win cooperation.

On Sunday, China's Ambassador to the U.S. Cui Tiankai said this round of talks will be the first major step in implementing the consensus, which has set the tone of future development of bilateral ties.

This dialogue is the first cabinet-level talks since government reshuffles in both countries early this year.

Some U.S. experts say it'll be a good chance for senior Chinese and U.S. officials to get to know each other and set up working relationship.

SOUNDBITE (ENGLISH) YUKON HUANG, Carnegie Endowment for Int'l Peace:
"So there are these foreign policy and political issues, there are these economic issues and then you have a new leadership both sides. The issues are a continuation of what's been discussed before but the leadership on both sides is different. So I would expect a lot of getting to know each other, having people understand by listening to each other. "

China and the U.S. have been holding the dialogue each year since 2009.

It has come to be a major channel of communications to enhance mutual trust, boost cooperation and properly deal with differences to prevent them from derailing the general relations.

Our correspondent Mike Kellerman is in Washington covering the talks. Now he brings us more details about the dialogue.

"Only one month after President Xi and President Obama met in California and declared a new big country relationship between the United States and China, a conference is taking place here in Washington to follow up on the ideas discussed by the two presidents. It's called the 5th annual Strategic and Economic Dialogue. It will be held at the U.S. State Department. U.S. and Chinese officials, top officials will be meeting with each other face to face for two days, talking about all kinds of issues.  Already a committee set up to talk about cyber security and cyber spying has met and issued a statement saying that both countries want to build mutual trust. In addition, the ministers and the U.S. officials will be talking about cyber security, about nuclear policy, about more investment and business between the two countries. It's hoped that at the end of this conference, there will be a roadmap of some sort to carry out the ideas that were expressed by the two presidents in California, so there will be less confrontation and rivalry between the two countries, and more cooperation."