US Treasury Secretary Jacob Lew said excess capacity in China is not good for the US and global economy
Barack Obama also urged China to establish a level playing field for all firms to compete fairly in China
The tiffs were largely over American journalists' access to Obama
Both sides commit to use all policy tools - monetary, fiscal and structural to foster confidence and strengthen growth
General Mark A Milley will also visit the PLA's Academy of Military Science
Notably, in 2012, the platform had welcomed the emergence of a peaceful and prosperous China
Wang reiterated China's principled position on the issue of Tibet, urging the US to refrain from interfering in China's domestic affairs
The two nations exchanged revised "negative lists" of sectors that would stay off-limits from foreign investment as they try to reach a deal for a bilateral investment treaty
A private US company said, it had cancelled a deal with a Chinese rail consortium to build a high-speed rail line