The Securities Industry and Financial Markets Association (SIFMA) today welcomed the inaugural U.S.-China Strategic and Economic Dialogue held in Washington, D.C.
“The U.S. and China share one of the most important bilateral relationships in the world today, and the current financial crisis has only underscored its importance,” said David Strongin, Managing Director at SIFMA. “Continued engagement with China through the S&ED provides an open forum for both countries to address critical issues that are essential to our economies. Working together through this process, we can develop additional market-access reforms that will achieve a stronger services-based, consumer-driven economy, inevitably benefitting both nations.”
The U.S.-China Strategic and Economic Dialogue was announced on April 1 by President Obama and Chinese President Hu Jintao to create a high-level forum for strategic and economic issues to be discussed between both countries. Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton will lead the U.S. side and will welcome their Chinese counterparts Vice Premier Wan Quishan and State Councilor Dai Bingguo.
David Strongin, SIFMA’s expert on US-China policy, is available for additional comment or background discussion.
