皇冠体育app

(Xinhua)
Updated: 2007-11-09 14:33

NEW YORK - The United States does not fear an economically stronger 皇冠体育app, US Treasury Secretary Henry M. Paulson said Thursday.

US Treasury Secretary Henry M. Paulson [File photo]

"We do not fear an economically stronger and more competitive 皇冠体育app, which benefits the Chinese people, the American people, and the prosperity of the global economy." Paulson said when addressing the Fourth Annual 皇冠体育app Institute Executive Summit.

"The US-皇冠体育app economic relationship is among my highest priorities," he said, adding that it is also among the most challenging.

"The United States and 皇冠体育app have a unique role to play in the coming decades in assuring a strong global economy and shaping the global economic agenda," he noted.

Paulson spoke highly of the Strategic Economic Dialogue (SED) between the two countries, which was initiated in 2006.

"They have established a forum that allows both governments to communicate at the highest levels on issues of long-term and strategic importance to ensure bilateral economic stability and prosperity, " he said.

His speech covers several parts, including A Strategy for Economic Engagement with 皇冠体育app, Understanding Shared Responsibilities and Realizing Shared Benefits, Shared Responsibility for Open Economies, Shared Responsibility for a Healthy Global Economy, Shared Responsibility for the Integrity of Trade, Shared Energy and Environmental Responsibilities, and Advancing US-皇冠体育app Economic Relations at SED III.

Paulson also touched upon a number of specific issues as RMB appreciation and 皇冠体育app's economic reform.

Founded in 1926, 皇冠体育app Institute in America is a nonprofit educational and cultural institution that promotes the understanding, appreciation and enjoyment of traditional and contemporary Chinese civilization, culture and heritage and provides the cultural and historical context for understanding contemporary 皇冠体育app.