In rebalancing growth:

--Both countries commit to communicate on measures to address U.S.-China economic imbalances through dialogue and consultation, including discussions under the U.S.-China Joint Economic Committee.

--Both sides agree to put great emphasis on opposing trade and investment protectionism. The United States and China welcome efforts both in the U.S. and internationally to assess the challenges created by the recent turbulence in the U.S. sub-prime market and in other global financial markets.

--The two countries agree to continue communication and information sharing in a timely manner on systemically significant economic and financial developments. Financial supervisory agencies in both countries agree to continue exchanges on supervisory measures.

- In innovation, the two sides agreed to sustain dialogue, jointly host public-private innovation discussions, and other cooperation as outlined in the 3rd Strategic Economic Dialogue Innovation Conference Outcomes document.

 

Editor:Xiong Qu