By Wikipedia
The U.S.–China Strategic and Economic Dialogue is a high-level dialogue for the United States and China to discuss a wide range of bilateral, regional and global political, strategic, security, and economic issues between both countries. The establishment of the S&ED was announced on April 1, 2009 by U.S. President Barack Obama and Chinese President Hu Jintao. The upgraded mechanism replaced the former Senior Dialogue and Strategic Economic Dialogue started under the George W. Bush administration. The format is such that high-level representatives of both countries and their delegations will meet annually at capitals alternating between the two countries.
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