US Rep. Nan Hayworth, M.D. (NY-19) released a statement this afternoon as the annual high-level United States-China Strategic and Economic Dialogue begins in Beijing.
Hayworth, a member of the House Financial Services Committee, recently spearheaded an effort to encourage President Obama and Administration officials to address market access and financial sector modernization issues at the discussion. She was joined in the letter by a bipartisan coalition of House Financial Services Committee members.
"Fair and competitive access to China's fast-growing middle class and business sector represents an enormous opportunity for American manufacturers, service providers, and farmers," said Hayworth. "And access by U.S. companies to the Chinese market, especially for financial services, has potential to create significant domestic jobs here at home."
Hayworth continued, "America's China policy should be to ensure that China participates fully and constructively as a mature and responsible stakeholder in the global economy from which it has benefited so profoundly."
The fourth round of the United States-China Strategic and Economic Dialogue is taking place today and tomorrow in Beijing. Secretaries of State and Treasury Clinton and Geithner will meet with Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo.