One of the most important investment talks in the world, the China-U.S. Investment Treaty talks has entered its second and last day in Shanghai. This morning the head of the Chinese delegation Li Chenggang expressed his outlook for the coming negotiation.
"China and the US are jointly pushing forward the talks in a proactive, pragmatic ad cooperative manner. The two sides have reached a consensus to better protect investor interest and respect supervision rights of the government. We will strive to reach a high quality treaty that benefits the people of both our countries," said Li Chenggang, head of Chinese delegation.
Besides these topics, what's also high on the agenda in the negotiations may be an investment "negative list". This very topic has been a key focus since the 5th round of talks held back in July 2013. Once the two sides reach a consensus, expert say, it will substantially push forward the negotiations. Mr. Li also announced this morning that this round of talks will round up at 6 p.m. Beijing time this afternoon.
Source: CCTV
