Economy

China-US S&ED yields satisfactory outcome

(Xinhua)
Updated: 2011-05-11 16:21

WASHINGTON -- The third round of China-US Strategic and Economic Dialogue (S&ED) yielded a satisfactory outcome, Chinese Vice-Premier Wang Qishan said here on Tuesday.

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The dialogue was important in carrying out bilateral comprehensive economic cooperation, Wang said during a meeting with World Bank President Robert B. Zoellick.

China and the United States wrapped up the two-day high-level S&ED on Tuesday following comprehensive and productive discussions on promoting growth and economic cooperation.

Wang said there was still a great deal of uncertainty about the world's economic recovery.

The Group of 20, as a major platform for global economic governance, should give priority to guaranteeing a strong and sustainable global recovery through effective measures, the Chinese leader said.

Hailing the success of the third round of the S&ED, Zoellick said the World Bank was willing to continue supporting China's economic reform and development.