Chinese and US officials agreed on a number of measures, including export controls and investment, during trade talks in Washington.
The US ambassador to China insisted that despite the recent leadership transitions, there will be continuity in Sino-US relations.
Trade disputes and the US fiscal cliff are expected to top the agenda in the upcoming high-level talks between Chinese and US officials.
Co-op best way to resolve Sino-US differences
China hopes the United States will respond positively to the concerns of the Chinese side at 23rd meeting of the China-US Joint Commission on Commerce and Trade.
Chinese Vice-Premier Wang Qishan will co-chair the 23rd China-US Joint Commission on Commerce and Trade in Washington from Dec 18 to 19.
Two American economists expressed their belief that the Chinese and US economies are set to coexist more effectively.
If Obama wants to run his new term smoothly and successfully, he needs to create new job opportunities, increase US products' competitiveness and cool the growing anger among many who feel disenfranchised.
Trade protectionism targeting China will continue to be "severe" unless developed markets stop politicizing trade investigations into made-in-China goods.
The United States International Trade Commission concluded in a sunset review on Monday that the US would continue to levy anti-dumping duties on honey imported from China.
The US International Trade Commission voted to continue the investigations against imports of hardwood and decorative plywood from China.
The US International Trade Commission decided Wednesday that the US solar industry was materially injured by Chinese imports.
The United States still welcomes Chinese investment that creates jobs in the country, a top US diplomat said on Tuesday.
Trade protectionism will not work for the US, and China needs balanced trade with the country as well as "sustainable reforms" to tackle its domestic challenges.
Blocking investment from China will hurt the United States more than China, Ministry of Commerce spokesman Shen Danyang said Friday.
The European Union and the United States should not resort to protectionism to keep up with China's quick pace of economic growth, which may occur at an annual rate of 7 percent in the coming two decades, said a senior trade official.
While claiming itself to be an open and free market, the United States has frequently used trade protectionism to protect its companies from overseas competition.
Africa is likely to surpass the EU and the US to become China's largest trade partner in three to five years, a senior commerce official said.
Chinese solar product manufacturers have complained over trade protectionism by the United States to impose heavy tariffs on China-made products.
With the changing nature of global trade, a new way to measure bilateral trade balances will see China's surplus with the United States reduced by half.
US complaints over Chinese automotive subsidies will not only fail to benefit the US auto industry, but will demonstrate the country's duplicity.