Xi eyes key exchanges with Obama

Dialogue outcomes

• Both countries will boost communication, focus on cooperation, and treat divergences properly. They will work closely to make the G20 summit in September a success.

• They agreed to achieve new development of ties between the two militaries, boost policy dialogue, increase interaction, bolster trust, and embark on more drills and training.

• They will enforce cooperation on anti-terrorism, cyberspace, judiciary and law enforcement, return of fugitives and illegal assets, energy, the environment, customs, hygiene, aviation and maritime protection.

• China and the US agreed to speed up negotiations on a bilateral investment treaty.

• China agreed to grant the US 250 billion yuan ($38 billion) under the Renminbi Qualified Foreign Institutional Investor program and assign one qualified bank in each nation as a RMB clearance bank.