“ECAT welcomes the ongoing efforts of the U.S. and Chinese governments to build for the long-term a stronger economic relationship and to address key issues of concern through the SED framework.  The second formal meeting of the SED included progress on issues of importance to the United States, including continued financial services reforms in the Chinese market, further liberalization of air-services rights, and improved U.S.-Chinese cooperation on energy and environmental issues.

“The SED, led by Treasury Secretary Henry M. Paulson, provides an important framework for moving the very complex U.S.-China economic relationship forward and addressing outstanding issues in multiple fora – objectives that are extremely important for the United States, its farmers, manufacturers, service providers and workers.”

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Founded in 1967, ECAT is an organization of the heads of leading U.S. international business enterprises representing all major sectors of the American economy. Their annual worldwide sales total nearly $2.4 trillion and they employ approximately five and one-half million persons. ECAT’s purpose is to promote economic growth through the expansion of international trade and investment.

Attached Document(s): 05-23-2007 ECAT Release on Strategic Economic Dialogue with China.pdf