China and the United States will have a dialogue again, and there will be new changes in the interaction between the two countries

China and the United States will have a dialogue again, and there will be new changes in the interaction between the two countries. After China completed the transfer of power, as the world's largest and second largest economies, high-level diplomatic interactions between China and the United States began...

After China completed the transfer of power, as the world's first and second largest economies, high-level diplomatic interactions between China and the United States began. First, the new US Treasury Secretary Jacob Lew visited China from March 19 to 20, and then the new Secretary of State Kerry will also visit China in mid-April. Next, the fifth round of China-US Strategic and Economic Dialogue will be held in Washington in June. China will send a large delegation to participate in the most important and largest dialogue and exchange platform between China and the United States.

In fact, there have been several recent changes in Sino-US interactions that deserve attention. First, there have been major adjustments in high-level personnel involved in Sino-US interactions. Taking the China-US Strategic and Economic Dialogue as an example, the leaders on the US side are the Secretary of State and the Secretary of Finance, while the Chinese side is the Vice Prime Minister in charge of Commerce and the State Councilor in charge of Foreign Affairs. In previous rounds of dialogue, the leaders of both sides were Hillary Clinton and Geithner on the American side, and Wang Qishan and Dai Bingguo on the Chinese side. After the personnel adjustment, from the Chinese side, it should be the new Vice Prime Minister Wang Yang and Yang Jiechi, who was promoted from Foreign Minister to State Councilor. From the US side, it is the new Secretary of State Kerry and Treasury Secretary Jacob Lew. Yang Jiechi has been engaged in affairs with the United States and has rich experience in working with the United States, while Kerry and Jacob Lew are relatively novices in diplomacy with China. Kerry also has limited diplomatic experience in the Senate Foreign Relations Committee.

Second, the balance of power between China and the United States has changed in the past decade. As the balance of power changes, the world structure evolves, and international power shifts, the internal and external environments affecting the relations between the two countries have also changed accordingly. The development of Sino-US relations is not isolated, but is closely related to the overall general trend and changes in the international landscape. China's economic aggregate has rapidly expanded from only one-eighth of that of the United States in 2000 to about one-half in 2012, and the gap between the two countries' economic aggregates is still gradually narrowing. Affected by the international financial crisis, the United States' ability to lead the world's development direction, build an international security pattern, and master the global governance system has declined.

Third, China and the United States are working hard to build a new type of major-country relationship. The heads of state of China and the United States reached an important consensus on building a new type of major-country relationship, which has become the direction of future development of China-US relations. However, how to build this new type of major-country relationship is still a process that requires China and the United States to jointly explore and try in the coming period. Changes in the domestic political ecology of both countries, economic and trade frictions between the two countries, and regional security conflicts have the potential to affect or interrupt the efforts of the two countries to build a new type of major-country relationship to a certain extent.

We believe that under the second term of Obama in the United States and the Xi-Li system in China, there are several bright spots and growth points in recent Sino-US interactions.

> First, inward governance. Both China and the United States are facing a series of institutional and structural problems in the political, economic, and social fields. They urgently need to strengthen internal governance to achieve sustainable development. This is the primary issue facing each other and the common interest of both parties. China and the United States, as two major economies that are both competitive and interdependent, achieve optimal domestic governance. This is not only in the fundamental interests of the two peoples, but also has positive and constructive significance for the peace and development of the Asia-Pacific region and the development and governance of the world. The two countries have common interests in cooperating in some common and soft areas regarding the problems faced by each other domestically. For example, the United States implements the "industrialization" strategy to revitalize the manufacturing industry, and China implements the "new drive" strategy to accelerate the adjustment of industrial structure. The two countries can use this as a basis to promote win-win cooperation between the two countries and expand common interests.

The second is regional governance. Regional economic cooperation, regional security and stability, especially the stability and order building of the political, economic and security architecture in the Asia-Pacific region, are the common interests of both countries. China and the United States can jointly provide public goods for regional governance, maintain regional security, manage crises, cooperate on regional institutional arrangements, and commit to regional governance. The Korean Peninsula nuclear issue, the Iranian nuclear issue, the Syrian issue, etc. all require the two countries to work together to maintain regional security and stability. At present, the crisis on the Korean Peninsula is about to break out and there is a danger of losing control. The common interests of China and the United States are to maintain peace on the peninsula, prevent nuclear proliferation, and achieve the denuclearization of the peninsula.

The third is global governance. The first is global commons governance. The global commons represented by oceans, space, networks, polar regions, etc. are still in a state of disorder and lack governance mechanisms and rule constraints. There is an urgent need to establish rules and regulations to standardize the development, management and governance of global commons. As countries with greater strength and say in the governance of global commons, China and the United States have common interests in the development and governance of global commons. This provides potential space for the two countries to cooperate in formulating governance norms and supervision systems.

The second is global normative governance. The United States recognizes that the establishment of international rules, the maintenance of international order, and the operation of international systems are beyond the capabilities of the United States alone and that there are more and more global problems that cannot be solved alone. The two countries can make appropriate adjustments to the governance of existing global norms based on the basic principles and basic structure of the existing international system.