The United States and China concluded two days of high-level economic talks on Wednesday with a variety of minor agreements but failed to make progress in their dispute over China's undervalued currency.
"While we have much more work to do, we have tangible results for our efforts thus far," Treasury Secretary Henry Paulson said at a concluding briefing. "These results are like signposts on the long-term strategic road, building confidence and encouraging us to continue moving forward together."
Paulson said in a statement that the two countries agreed on a wide variety of next steps to be taken in such areas as financial services, energy and the environment and civil aviation.
Paulson said the two sides would also cooperate in the development of clean energy technology, something critical in China, a country that depends heavily on coal-fired power plants.