For Immediate Release
Office of the Press Secretary
September 20, 2006
President's Statement on Creation of the U.S.-China Strategic Economic Dialogue
I am pleased to welcome the creation of the Strategic Economic
Dialogue between the United States and China. My leading economic
adviser, Secretary of the Treasury Henry Paulson, will chair the U.S.
side of the dialogue, with support from Allan Hubbard, the Director of
my National Economic Council. Deborah Lehr will serve as Secretary
Paulson's Special Envoy to the dialogue. President Hu and I agree on
the importance of maintaining strong and mutually beneficial U.S.-China
economic relations, and on the need to establish an overarching
bilateral economic framework between our two countries. The Strategic
Economic Dialogue will help us achieve those objectives.
The economies of the United States and China have been engines of global
growth. We must ensure that citizens of both countries benefit
equitably from our growing economic relationship and that we work
together to address economic challenges and opportunities.
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