Dialogue between China andU.S. is various in channels,among which Sino-U.S. Stra-tegic Economic paves wayfor a smoothly-going and long-termcooperation in bilateral relations.Thedialogue focuses on bilateral and globalstrategic economic issues of commoninterests and concerns. It is a specialeconomic-focused strategic dialoguemode between the largest developed anddeveloping country in the world, regu-larly meeting twice a year in alternatecapitals. Its establishment and operationhas a positive impact on world economicdevelopment as well as global economicstability and security.