BEIJING, June 7, 2016 (Xinhua) -- Chinese State Councilor Yang Jiechi (5th R) and U.S. Secretary of State John Kerry (5th L) co-chair the Strategic Dialogue of the eighth round of China-U.S. Strategic and Economic Dialogues in Beijing, capital of China, June 7, 2016. (Xinhua/Ma Zhancheng)

June 9, 2016

"China and the United States have made incremental progress in accelerating bilateral investment treaty talks, addressing industrial overcapacity and expanding RMB trading in the United States at this week's annual high-level dialogue, U.S. experts said.

BIT TALKS

Senior Chinese and U.S. officials have agreed to speed up negotiations on a bilateral investment treaty (BIT) during the eighth China-U.S. Strategic and Economic Dialogue (S&ED) that concluded Tuesday in Beijing.

'The two countries will exchange new 'negative list' offers in mid-June,' Chinese Vice Premier Wang Yang told a news briefing on Tuesday."

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