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U.S. Fact Sheet – Economic Track Fifth Meeting of the U.S.-China Strategic and Economic Dialogue

Washington, DC—(ENEWSPF)—July 12, 2013. This week, Secretary Jacob J. Lew led discussions on our economic priorities with the Chinese delegation, headed by Vice Premier Wang Yang.  They were joined by leaders from 17 U.S. government agencies, and heads and senior officials representing all key Chinese economic ministries.  Through the Economic Track of the Strategic and Economic Dialogue (S&ED), the Obama Administration is working to deliver concrete benefits for U.S. firms and workers from our economic relationship with China.  As the world’s second largest economy, it is important that China act in accordance with international norms and rules and pursue a growth strategy that relies more on domestic demand and less on resource intensive exports.  This week, we saw engagement through the S&ED Economic Track yield real progress in addressing investment barriers, leveling the playing field, and strengthening intellectual property protection.  

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