One subject of the third round of the US-China Strategic and Economic Dialogue will be cybersecurity.
The annual high-level strategic and economic dialogue between the United States and China began in Beijing on Thursday with Chinese President Hu Jintao calling for a "new type of relationship" between the two countries to break the traditional belief that big powers only have conflicts.
United States Secretary of State Hillary Clinton will visit India early next month as part of a three-nation Asia tour to consult with the Indian leadership on key regional and global issues including Afghanistan, Pakistan, China and Myanmar.
Using purchasing power parity estimates narrows the differences between the two economies.
The eight deals include aviation biofuel, distributed energy systems using natural gas as fuel, smart meters and cellulosic ethanol. Neither side disclosed the financial details of the deals.
The United States on Wednesday sharpened its criticism of China's human rights record, citing handling of restive Tibet region, triggering a strong retort from Beijing.
The US will also try to persuade Beijing to make it easier for foreigners to make portfolio investments in China.
Days ahead of the second US- China Strategic and Economic Dialogue, the United States has reiterated that China needs to move towards a market-oriented exchange rate.
US Treasury Secretary Timothy Geithner has sought level playing field for American companies in China.
US Secretary of State Hillary Clinton has briefed visiting British Foreign Secretary David Miliband on her recent trip to India along with other issues, which she said was wonderful. "I updated the foreign secretary on my recent travels to India and Thailand, and our just-concluded Strategic and Economic Dialogue with China," Clinton told reporters after the meeting with Miliband at the Foggy Bottom headquarters of the State Department.
Amid a row between China and the US-based search engine Google, Premier Wen Jiabao has said his country is looking forward to the strategic dialogue with Washington in May to resolve trade and currency disputes
"Engagement means deepening cooperation with key centres of power. In Russia, the reset, has elevated relations to the best point in years. In China, we now have a broad- based strategic and economic dialogue. In India, which President Obama calls one of the defining relationships of the 21st century; and obviously in Brazil," US National Security Advisor, General (rtd) James Jones said.
Billed as the most comprehensive dialogue between the world's two largest economies, it will be attended by top officials from both sides, including US Secretary of State John Kerry.
In an angry reaction to US Defence Secretary Ashton Carter's remarks that "China's actions could erect a Great Wall of self-isolation" in the South China Sea, Chinese foreign ministry spokesperson Hua Chunying told media that "Carter's remarks reflected typical American style thinking and hegemony".
United States President Barack Obama and his Chinese counterpart Xi Jinping on Saturday agreed to work together in a "pragmatic way" to resolve crucial cyber security issues that have spiralled tensions between the two nations.
This would be the highest level of engagement between the two countries after Obama's trip to New Delhi in January to attend the Republic Day parade as the chief guest of Prime Minister Narendra Modi.
'Any fear or apprehension that this dialogue is aimed towards China, that is mistaken.'
"It is a reflection of the bipartisan support in the US to the relationship with India. It is also a reflection of the value people attach to this relationship," Singh said.
'An opportunity is at hand to think big and recast the India-China relationship on a new template, which would help the pursuit of our country's dream of major power status,' says Ambassador M K Bhadrakumar.
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