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WASHINGTON C.J. Miles Jersey , July 11 (Xinhua) -- The just-concluded China-U.S. Strategic and Economic Dialogue (S&ED) in Beijing has received positive reviews from U.S. experts, saying the talks have demonstrated the desire of both countries to advance their ties on a more positive track.


MENDING TIES


"I think the statements made by Obama, as well as by President Xi Jinping, underscore that both leaders want to see a more cooperative relationship, but yet also recognize the need to manage the differences that exist Kyle Lowry Jersey ," said Bonnie Glaser, a senior adviser for Asia in the Freeman Chair in China Studies.


"So I think that overall there was an attempt to perhaps shift the relationship on to a more positive track. To alter the tone of the relationship to one that is a bit more positive than it has been over the last several months," she added.


Ties between the United States and China have been strained lately, with the recent U.S. cyber-espionage charges against China, denied by Beijing Kawhi Leonard Jersey , and regional maritime disputes.


"The S&ED is an opportunity to take stock in the relationship, try and look back and look forward, and see what's been accomplished and what needs to be done, and in that sense I think it achieved its goals," Glaser said.


A news report carried by the Wall Street Journal said this year's talks are "primarily about ensuring that the world's two largest economies don't fall headlong into hostile conflict Cheap Toronto Raptors Hats , a dynamic that the last century proved can wreak global havoc."


SEEKING COOPERATION


One highlight of the S&ED talks is the negotiation of bilateral investment treaty (BIT), an agreement setting rules governing investment in all sectors of the economy.


During the meeting, the two sides agreed to resolve core issues and major provisions of the BIT by the end of the year, and initiate negotiations on the "negative list" -- sectors and items barred to each other's investment -- in early 2015.


Gary Hufbauer, senior fellow at the Peterson Institute for International Economics said the BIT negotiations timetable agreed by the two sides is "realistic" and "feasible Cheap Toronto Raptors T-Shirts ," and is consistent with the economic reforms outlined in China's Third Plenum.


It's possible the U.S.-China BIT talks will be concluded by June 2015, although it's unclear whether the two sides can agree on the provisions of pre-establishment and investor-dispute settlement mechanism by the end of this year, he said.


U.S.-China Business Council (USCBC) President John Frisbie said BIT would reduce market access barriers for American companies in China, a 300 billion U.S. dollar market for American companies.


Getting the U.S.-China commercial relationship right benefits all parts of the country, said Frisbie.


The two sides have also agreed on a number of other issues ranging from exchange rate policies to climate change.


During the talks Cheap Toronto Raptors Hoodie , a foreign-exchange formulation was hit upon that "leaves enough wiggle room for both countries to claim progress on cooperation while continuing to implement monetary and exchange rate policies that each side sees as in its own best interest," the Wall Street Journal cited Cornell University China scholar Eswar Prasad as saying.


In the report, the Wall Strpositive oneet Journal said one area the two sides did see eye-to-eye on is energy efficiency, citing agreement between the two sides to adopt more stringent vehicle fuel-efficiency and greenhouse gas emissions standards.


The "China-U.S. partnership on (carbon-capture technology) has in many respects now left the theoretical feasibility realm and entered the 'steel in the ground' phase," wrote Sarah Forbes Customized Toronto Raptors Jerseys , a senior associate at the World Resources Institute, an environmental think tank in Washington, in a blogpost.

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