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U.S. — China Strategic and Economic Dialogue (S&ED)
The first meeting of the U.S.-China Strategic and Economic Dialogue was held in Washington on July 27and 28. Originally announced by Presidents Barack Obama and Hu Jintao in April, the summit's goal is to promote mutually beneficial cooperation between the two countries.
The S&ED meeting consisted of two tracks: economic and strategic. USDOL participated in the Economic Track. Discussions at the economic track focused on ways to promote a sustainable recovery and to ensure that future growth results in a more balanced global economy; foundations for strong financial systems; trade and investment issues; and the role of international financial institutions.
In her remarks, Secretary Solis discussed the Administration's priorities for recovery and future growth, including policies to strengthen enforcement of labor laws, generate employment opportunities, provide job training, and strengthen social safety nets for American workers. She recognized that China had recently raised minimum wages and made other reforms to its labor laws. She stressed that these are important policy tools to raise household incomes in China and to help balance economic growth going forward.
At the conclusion of the S&ED, the two countries agreed to further bilateral cooperation, including undertaking a dialogue between the U.S. Department of Labor (USDOL) and China's Ministry of Human Resources and Social Security (MOHRSS).
SED was established through an agreement between President Bush and President Hu Jintao in September 2006. The SED provides a framework for ongoing bilateral economic dialogues and future economic relations, examining long-term strategic issues and providing coordination among specialized continuing dialogues. The Secretary of Labor is one of several cabinet level officers who participate in this Dialogue. OIR provides staff support to the Secretary on matters related to the SED.
Existing Letters of Understanding (effective through 2011) and Joint Declaration between USDOL and MOHRSS
(Note: USDOL and MOHRSS signed Letters of Understanding on cooperation activities prior to the creation of the S&ED)
- Letter of Understanding between DOL and MOLSS relating to Unemployment Insurance, 2007 (PDF)
- Letter of Understanding between DOL and MOLSS relating to Labor Statistics, 2007 (PDF)
- Joint Declaration between DOL and MOLSS concerning Labor Cooperation, 2006 — (PDF)
- Letter of Understanding between DOL and MOLSS relating to Wage and Working Hour Law Administration, 2004 — (PDF)
- Letter of Understanding between DOL and MOLSS relating to Pension Programs, 2004 — (PDF)
- Letter of Understanding between DOL-SAWS regarding Additional Cooperation relating to Mine Safety and Health, 2004 — (PDF)
- Letter of Understanding between DOL-SAWS regarding Additional Cooperation relating to Workplace Safety and Health, 2004 — (PDF)
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