Last week, the Deputy Assistant Secretary for Asia at the U.S. Department of Commerce briefed MWCA members on strategic outcomes from the 5th annual U.S.-China Strategic and Economic Dialogue (S&ED) in Washington, D.C. Asst. Secretary Craig Allen sorted through the fifteen page economic dialogue fact sheet and highlighted new areas of economic cooperation and opportunity. He addressed specific member questions pertaining to the effectiveness of EB-5 economic zones, increased leverage for Midwest based virtual education in China, and best-practice opportunities in the Chinese construction industry.
Each year, the United States and China hold in-depth discussions on major bilateral, regional, and global issues and recommitted to the S&ED’s role in deepening strategic trust and expanding practical cooperation to build a new model of relations between the two nations. The 2013 S&ED was led by Treasury Secretary Jack Lew and Vice Premier Wang Yang. These discussions, attended by leaders from seventeen U.S. government agencies and all key Chinese economic ministries, yielded real progress in addressing investment barriers, leveling the playing field, and strengthening intellectual property protection for U.S. companies.
Read the entire fifteen page fact sheet here: 07112013 SED V JOINT FACT SHEET