The seventh annual US-China Strategic and Economic Dialogue (S&ED) will be held in Washington DC on June 23-24, with the countries expected to discuss improving bilateral relations.

During the meeting, Chinese state councillor Yang Jiechi and Vice Premier Wang Yang will meet US Secretary of State John Kerry and Treasury Secretary Jacob Lew.

US-China Strategic and Economic Dialogue 2014. Photo: Wikicommons

According to the Chinese Ministry of Foreign Affairs, both countries will “exchange ideas” on “mutually concerned issues”.

The S&ED is an annual high-level dialogue for the two largest economies in the world, providing a forum to discuss regional and global issues directly and providing a channel for both countries to step up cooperation in various issues.

In an article for the Wall Street Journal, Chinese Vice Premier Wang Yang pointed out that direct investments from Chinese firms to the US has increased fivefold over the past six years, creating more than 80,000 employment opportunities. He quoted the joint statement issued by both countries on climate change last November as one of the achievements of the annual dialogue, adding that the dialogue contributed to “growing maturity of China-US relations”.

The US-China Consultation on People-to-People Exchange, which discusses issues related to education, technology, culture and sports, will also be held concurrently in the US capital on June 23-24.

Eric Cheung

Eric is currently a Bachelor of Journalism student at the University of Hong Kong. Eric has his finger on the pulse of Hong Kong events and politics. His work has been published on The Guardian, Reuters and ABC News (America).