In mutual interest
Highlights of the 2011 Sino-US strategic and economic dialogue
China pledged to:
Make sure the software used by government agencies was legitimate;
Eliminate all of its government procurement indigenous innovation products catalogues;
Issue a measure this year requiring that all proposed trade- and economic-related administrative regulations be published on the State Council website;
Allow US and other foreign banks incorporated in China to sell mutual funds;
Advance towards allowing US and other foreign insurance companies to sell mandatory third-party liability auto insurance;
Raise the share of the services sector in China's economy by four percentage points during the next five years.
China and the United States announced the establishment of the US-China strategic security dialogue.
The two sides also decided to:
Work together to make thorough preparations for bilateral high-level exchanges in coming months;
Hold the next round of the legal experts dialogue in Washington in June;
Hold the 8th US-China counter-terrorism consultation this year;
Hold the next rounds of the security dialogue and the non-proliferation dialogue prior to the next strategic and economic dialogue;
Further strengthen the mechanisms for climate-change policy dialogues;
Enhance communication and co-ordination on regional and global issues to jointly address common challenges;
Take steps to encourage North and South Sudan to continue to push forward the peace process;
Further deepen ongoing co-operation to combat corruption; and
Formulate the US-China 2011-2015 Framework Plan for Ocean and Fishery Co-operation.
They also announced a US Trade and Development Agency grant to support environmental disaster response.