For over nine years, this bi-annual Track II dialogue has brought together leading Chinese and American economists, economic thinkers and business leaders for a day and a half of off-the-record discussions on important issues related to bilateral economic relations and the global economic system.

Participants in the dialogue engage in lively, sophisticated, and candid discussions that touch on a broad range of subjects, including the macroeconomic trends in China and the United States, each country’s reform initiatives, trade and investment relations, medium- to longer-term growth prospects, and collaborative pathways to build trust and improve U.S.-China economic relations.

At the conclusion of each session of this Track II dialogue, the expert participants pen a consensus agreement, laying out a set of principles and policies to which the two countries should adhere in managing their economic relations. The National Committee shares this document with relevant agencies and offices in both governments.

For every dialogue based in the United States, upon conclusion of the talks, the Chinese delegation travels to Washington, D.C., for a day of high-level meetings with American officials at the Department of State, the National Security Council, the Department of the Treasury, and the Department of Commerce, among others. These meetings are an opportunity for each side to discuss developments in economic conditions and policy directions in both countries, as well as government-to-government relations. 

The most recent round of the U.S.-China Track II Economic Dialogue was held in New York City, January 8-9, 2019, in partnership with Peking University’s China Center for Economic Research. The two sides, composed of leading American and Chinese economists as well as business leaders, met at a pivotal moment in the U.S.-China trade talks, to discuss the economic outlook for 2019 in each country; the Trump administration’s trade policies; prospects for a trade deal; technology competition and intellectual property issues; possible structural adjustments and changes in China’s economy; and directions for reform with respect to globalization and international organizations such as the World Trade Organization. To foster further dialogue between the visiting Chinese experts and key players in the U.S. policymaking community, the National Committee also arranged for the Chinese delegation to meet with the Peterson Institute for International Economics, the American Enterprise Institute, the World Bank, and the Atlantic Council, in Washington, D.C.

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