Chinese delegation leaves for home after concluding Strategic, Economic dialogue

WASHINGTON, July 29 (Xinhua) -- The Chinese delegation headed by Vice Premier Wang Qishan and State Councilor Dai Bingguo on Wednesday left for home after concluding the first round of the China-U.S. Strategic and Economic Dialogue (S&ED) in Washington.

The two-day dialogue, which was co-chaired by Wang, Dai, U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner, concluded Tuesday with positive results.

During the dialogues, the two sides had a candid and in-depth exchange of views on the strategic, long-term and overarching issues concerning the development of bilateral relations.

Both sides recognized that the dialogue offers a unique forum to promote understanding, expand common ground, reduce differences, enhance mutual trust, and step up cooperation.

The dialogue has helped to address shared challenges such as the global financial crisis, regional security concerns, global sustainable development, and climate change.

The dialogue, a reflection of the progress in the China-U.S. relation over the past 30 years, has represented the two sides' shared commitment to building a positive, cooperative and comprehensive relationship for the 21st century.

The dialogue mechanism was upgraded from the former Strategic Dialogue and biennial Strategic Economic Dialogue, which were initiated by the heads of state of both China and the U.S. in 2005 and 2006, respectively.

On April 1, 2009, Chinese President Hu Jintao and his U.S. counterpart Barack Obama agreed to establish the mechanism of the China-U.S. S&ED during their first meeting in London on the sidelines of the G20 financial summit.