(VOVworld) - Senior Chinese and US officials highlighted progress in trade and investment at their fifth annual Strategic and Economic Dialogue which concluded in Washington on Friday.

China, US Strategic and Economic Dialogue concluded (Photo:Reuters)

US Treasury Secretary Jacob Lew, who co-chaired the Dialogue, said the Dialogue was built on the framework agreed upon by Chinese President Xi Jinping and US President Barack Obama at a summit in California last month. China's Vice Premier Wang Yang, one of the two Chinese co-chairs of the dialogue, said at the closing session that the fifth round of Dialogue has achieved tangible results on a wide range of issues of long-term, strategic importance, in particular, the China-US Bilateral Investment Treaty. He said the Dialogue can become an important forum to build a new type of super power relationship between the two countries. China and the US held a joint session on energy issues and discussions on network security and other strategic issues of concern including measures to build strategic trust. The two sides committed to the denuclearization of the Korean peninsula and agreed that efforts to build a new type of super power relationship should start from Asia-Pacific. They also agreed that the next round of consultations on Asia-Pacific will be held in autumn this year.