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1、U.S.-China Strategic and Economic Dialogue Joint Closing RemarksU.S. DEPARTMENT OF STATEOffice of the SpokesmanFor Immediate ReleaseMay 10, 20112011/727REMARKSSecretary of State Hillary Rodham Clinton,Secretary of Treasury Timothy Geithner,Chinese Vice Premier Wang QishanAnd Chinese State Councilor
2、Dai BingguoJoint Closing Remarks for the Strategic and Economic DialogueMay 10, 2011Sidney R. Yates AuditoriumDepartment of the InteriorWashington, D.C.SECRETARY CLINTON: Good afternoon. I want to begin by thanking our Chinese colleagues, led by Vice Premier Wang and State Councilor Dai and the enti
3、re Chinese delegation for a productive and comprehensive dialogue between us. And I also, along with Secretary Geithner, want to thank everyone on the American side, not just those from the State Department or Treasury but indeed from across our government. The unprecedented level of involvement and
4、 the extraordinary work that has taken place since our last S to encourage China to level the competitive playing field between U.S. and Chinese companies, both in China and around the world; and to strengthen our engagement with China on financial reform issues in both countries.And we have made ve
5、ry, very significant progress in our economic relationship over the past two years. Our exports to China reached $110 billion last year and are growing about 50 percent faster than our exports to the rest of the world. And those exports are all the things Americans create and build - from agricultur
6、e, all sectors of manufacturing, services, and advanced technology - and they support hundreds of thousands of jobs across the United States.Now, overall, we are seeing very promising shifts in the direction of Chinese economic policy. First on the exchange rate, since last June, as you know, the Ch
7、inese currency, the Renminbi, has appreciated against the dollar by more than 5 percent, and at an annual rate of about 10 percent when you take into account the fact that Chinese inflation is significantly faster than that in the United States.We hope that China moves to allow the exchange rate to
8、appreciate more rapidly and more broadly against the currencies of all its trading partners. And this adjustment, of course, is critical not just to Chinas ongoing efforts to contain inflationary pressures and to manage the risks that capital inflows bring to credit and asset markets, but also to en
9、courage this broad shift to a growth strategy led by domestic demand.China has outlined in its Five-Year Plan a comprehensive set of reforms, again, to shift its growth strategy away from one relying on exports to domestic demand. China has joined a broad commitment with other countries in the G-20
10、to put in place mechanisms to reduce the risk that we see once again the emergence of large, external imbalances that could threaten future financial stability and future economic growth. This process is going to take time, and of course, its going to require a sustained effort of reform. But of cou
11、rse, its essential to the future health of the global economy and the trajectory of future growth in China. Again, were seeing progress here, too. If you just step back from and look, Chinas current account surplus as a percent of GDP peaked at about 10 percent before the crisis. Its now around 5 pe
12、rcent, and of course, wed like to see that progress sustained.This brings me to the third area, the third area of focus in our discussions, which is how to create a more level playing field. In our meetings over the last few days, weve seen some very important steps towards that goal, and let me jus
13、t review a few of them. First, China committed to making long-term improvements in its high-level protection of intellectual property rights and enforcement regime to strengthen the inspection of government software and use at all levels of government. And this will help protect U.S. innovators as w
14、ell as Chinese innovators in all industries, not just in software. And I think thats very important.China also confirmed that it will no longer employ government procurement preferences for indigenous innovation products at any level of government. And this is important to make sure, of course, that
15、 U.S. technology, U.S. firms, can compete fairly for business opportunities in China. China has committed to increased transparency, requiring government authorities to publish regulations at least 30 days in advance, so again, that U.S. firms, all foreign firms, have the chance to see those informa
16、tions - see those regulations in draft and they have the opportunity for input just as their Chinese counterparts do.China and the United States, recognizing the importance of transparency and fairness in export credit policies, have agreed to undertake discussions on export - on the terms of our respective export credit policies. And this is important, of course, because China, by some measures, is the largest provider of export credit on - in the world.And finally,
