Ⅲ NEXT STEPS

? Participants agreed to provide their respective governments with a copy of this joint statement and a summary of the Dialogue discussions.

? Participants agreed to share the feedback they receive from their respective governments on the outcomes document via an enhanced information sharing mechanism. Participants agreed to increase exchanges on the state of the two economies, opportunities for cooperation, and ongoing challenges in the economic relationship in advance of the fifth Dialogue meeting.

? Participants agreed to hold the fifth meeting of the US-China CEO and Former Senior Officials Dialogue this October in Washington.

? Participants agreed to complete their research findings by the October Dialogue meeting on (1) relevant issues relating to a potential US-China free trade agreement, and (2) the benefits and challenges for two-way investment in the US and Chinese infrastructure markets.

? Participants agreed to convene a high-level forum on two-way investment in the United States immediately before or after the fifth meeting of the US-China CEO Dialogue in Washington.