Full coverage: 8th China-U.S. S&ED & 7th CPE

China is set to provide a new negative list for US investments next week. That was the word Monday from Vice Premier Wang Yang during the economic track of the Strategic and Economic Dialogue talks in Beijing. 

It will be clear next week what sectors will remain off-limits to U.S. investments in China.

"We are trying to reach agreements with the US on economic policy communications and global governance. Treasurer Lew, Trade Representative Mr. Froman and I have exchanged views on the BIT," Wang said.

U.S. officials have said a negative list that greatly reduces the number of off-limits sectors is critical to reaching a deal.

U.S. Treasury Secretary Jack Lew also urged China to remain clear in communications about foreign exchange policies and implementation.

Wang highlighted the difficulties arising from the rising interest-rate trend in the United States. Wang said expectations for interest rate increases by the U.S. Federal Reserve have increased uncertainties about the growth of emerging market economies.

"China hopes to make concrete progress in this round of talks, and push the talks forward at the G20 in September. It's difficult to reach a treaty but China wants to have achievements phase by phase. And I think there are less obstacles for the US on the deal this year," Jin Canrong with Remin University of China said.

The two countries still have major differences in national defense, media and financial services industries for the negative list and bilateral investment talks.