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Geithner hails ‘progress’ in China talks
By Robin Harding in Washington

The US and China have claimed success after two days of negotiations ended in a series of deals on US access to the Chinese market and Chinese access to sensitive US technology.

China pledged on Tuesday to change regulations so that government contracts are not linked to improvements in its domestic technology base. China also promised improvements in the enforcement of intellectual property such as software.

The US promised “full consideration” of China’s request for “fair treatment” over exports of sensitive US technology and said it welcomes Chinese investment.

The relatively concrete and specific results of the regular “strategic and economic dialogue” between the world’s two largest economies suggest that reduced tension over China’s undervalued currency is making progress easier on trade and investment issues.

Tim Geithner, the US Treasury secretary, hailed “concrete, tangible signs of progress on both sides”. He said China committed to “strengthen the inspection of government software” to make sure that it was paid for and “confirmed that it will no longer employ government procurement preferences for indigenous innovation products at any level of government”.

China also pledged to publish proposed regulations 30 days in advance of implementation, answering a US concern that foreign companies are affected by regulations that they cannot always comment on, and the two sides agreed to discuss export credits for the first time.

US companies complain that China wins overseas contracts by offering heavily subsidised export finance as it does not follow an international agreement on export finance terms.

Wang Qishan, Chinese vice-premier, said the US “commits to accord China fair treatment in the reform of its export control regime [and] relax high-tech exports control towards China”. In financial services, Mr Wang welcomed US willingness to let Chinese banks invest in the US, saying it recognised “China’s enormous progress in capital-adequacy ratio, comprehensive consolidation supervision and other regulatory aspects”.

The US also made some progress on opening up China’s financial system. The US argues that financial reform will make it easier for Chinese consumers to save and borrow, thus boosting domestic consumption in China.

The US also wants to reduce the flow of cheap finance to Chinese state-owned enterprises as a result of caps on interest rates paid to Chinese depositors and create opportunities for US financial firms in the Chinese market.

China said that it will “actively study” allowing foreign owned insurers to provide car insurance, an important demand given that China will become the world’s largest car market.

In the other direction, the US gave reassurances to China about the stability of its huge investment in US financial assets through its foreign exchange reserves.

Mr Wang said that “the United States commits to further enforce strong supervision of government-sponsored enterprises and to make sure they have enough capital to fulfil financial obligations”.



有坛友提议还可以选择精彩句子，段落翻译~~~这个提议很好 大家可以尝试翻译 会有相应奖励。
如果大家还有什么意见和建议 跟帖即可
加油！！！
另外 请大家在跟帖时表明两个数字     
1.你是第几次参与 Follow Me   
2 是连续第几次
如：如果你昨天参加了，今天也参加了就是 2，2   （总共2次，连续2次）
请记住，这不是做给我，或者其他人看，这是做给你自己看的

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关键词：follow LOW Improvements intellectual Negotiations 经济 英语 followme 真经版

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concrete, tangible signs of progress on both sides

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It is much easier to get some compromise when both side get into trouble. Yet after continuing dialogue for thirty years , there is few easy improvement left. The next step is the heart of nation interest: financial system , natinal defence tech and last but not least,human rights. I don't expect much substance achievement in these areas.

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开门见山型

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In my opinion, intellectual property protection(IPR) is the most important aspect the U.S. Government concerns. As we all know, our China has put regulations on IPR, but it is not enough as our economy develops fast and deeply which needs hard law to protect property.

支持一下。

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    This round of S&ED yielded a host of constructive results.
    As the two largest economies in the world, economic outcomes and policy actions in the United States and China have a significant impact on the health of the global economy. The United States and China recognize that their cooperation to strengthen the international trade and financial institutions is important to support global growth and stability.
    I hope this round of dialogue  will improve to tighten the contracts between China and the US, and support global economy to develop further and better.

楼主这个提议很好 我觉得可以坚持下去
但是我有个小小的提议 就是无论哪位同学分享了一篇英文文章 不仅要把关键句标注出来 还应该把这篇文章的主要内容（用英文）写一下 一，可以让自己真正的读懂这篇文章，因为我发现有很多人看英文文章只是逐字逐句的看，没有从整体上去把握文章的内容；二，别人看到你分享的文章不用通读全文，只需看主要内容就能了解文章的意思

IP is always a problem and an excuse in business between countries..

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昨天也读了，可惜读一半有其他事就丢下了，今天接着读完了。这篇也认真的读了，希望跟着版主阅读有提高。