Tung Chee-hwa, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference at the High-Level Dialogue on US-China Economic Relations in New York, June 14, 2017. (Xinhua/ Wang Ying)

The High-level Dialogue on US-China Economic Relations, jointly hosted by the New York-based Asia Society Policy Institute and the China Center for International Economic Exchanges, was the first of its kind after a landmark meeting in April between Chinese President Xi Jinping and US President Donald Trump.

During their meeting, the two presidents agreed on a 100-Day Plan to bolster economic and trade cooperation between their countries, as well as to address each other's major concerns.

The Wednesday dialogue mainly focused on three topics, namely "US-China Economic Relations: New Common Ground for Cooperation," "the 100-Day Plan since Mar-a-Lago and Beyond," and "US-China Cooperation in Global Economic Governance."

Both sides urged their governments to facilitate the early completion of negotiations on the US-China bilateral investment treaty (BIT), and to launch broader negotiations on a bilateral investment and trade treaty (BITT) when the time is ripe, so as to further expand cooperation in areas like high-tech products and services.