"This year's S&ED has been a valuable opportunity for candid face-to-face talks on the trade and investment priorities of the world's two largest economies. The discussions we've had over the last two days have yielded progress on a number of issues, such as trade secrets, as well as on market reforms that will help further our goal of increasing competition and providing a more level playing field for American workers and businesses.
"I'm pleased that one year after a major breakthrough on the US-China Bilateral Investment Treaty, we have received China's assurances about a timetable for moving forward with a critical phase of the negotiations regarding a ‘negative list’.
"We had constructive discussions on the expansion of the Information Technology Agreement. We look forward to intensifying our work with China in the coming weeks with the goal of defining a list that is consistent with achieving an ambitious plurilateral agreement. That would be a positive outcome for technology exports and American workers and businesses, as well as China's leadership of APEC this year.
"We will continue to build on the progress we made here to meet trade and investment objectives that are both in our nation's interests and in the interests of the global economy."