US welcomes rise of stable & prosperous China, Secretary Paulson
12 Dec '07
3 min read
Secretary Henry Paulson, Jr. opening statement meeting of U.S.-China Strategic Economic Dialogue.
Opening Statement: Good morning. It is a distinct pleasure to jointly convene this third meeting of the U.S.-China Strategic Economic Dialogue. Thank you, to all of my colleagues for attending and to Vice Premier Wu Yi and the distinguished Chinese delegation for hosting this important meeting.
In recognition of the importance and complexity of the U.S.-China economic relationship, a year ago September President Bush and President Hu created the SED. Their intent was not to replace the many economic dialogues already taking place.
Rather, they envisioned an over-arching, senior level forum that is long term, comprehensive and strategic; one that would provide a positive forum to deal with common objectives, including immediate and sensitive economic issues as they arise.
We have spent the year since our inaugural meeting last December putting specifics to that vision. Now, at our third meeting, and after continuous on-going discussions in the interim, we see some areas of progress. We have built stronger relationships and established new, constructive channels of communication. Our focused engagement has produced agreements we may not otherwise have reached. And I am confident we can accomplish more.
I hope our meetings here develop further confidence among U.S. and Chinese leaders for continuing, candid discussions. Our goals should be to increase our understanding, expand our cooperation and broaden our partnership.