The focus was on how the US can create a more level playing field so it can increase exports and create more opportunities for its exporters, create jobs in the United States and also create a more level playing field for US companies that are trying to do business in China, a senior administration official said.
Another meeting between officials of the two countries focused on how the two can work together to strengthen their financial systems, improve cooperation between regulators and China developing and reforming its financial sector to be more efficient so it can more effectively finance the most dynamic and innovative firms in China, particularly small and medium-size businesses, while liberalising its interest rates to put more money in consumers' pockets.
"(The meeting) today was focused on trade and investment and financial sector regulatory and supervisory issues.
"Tomorrow, the focus is on how the US and China can restructure and what we call rebalance their economy so we can strengthen our recoveries.
And certainly monetary, fiscal and exchange rate policies are going to be a central
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