this is In The News.The United States and China held two daysof high-level meetings in Beijing this week.The talks are known as the Strategic and Economic Dialogue.The two sides appeared to make little progresson a number of security and economic issues.U.S. Secretary of State John Kerry said on Thursdaythat he had a "frank" discussionwith Chinese officials about computer security.He said attacks on computer systemshave harmed American businesses,and "threatened our nation's competitiveness."U.S. officials recently brought legal actionagainst five Chinese military officials.The five are now facing cyber-espionage charges.China has rejected claimsthat it is stealing information from U.S. companies.It accuses the U.S. of launchingits own cyber attacks against China.After the 2008 financial crisis,huge Chinese government spending powered China's economyand helped to lift other economies.On Wednesday, China's finance minister saidthat it is now time for the U.S. to drive the world economy.American businesses, in turn, have criticized Chinafor restricting their activity in Chinese markets.They also say the low value of Chinese money, the yuan,helps Chinese exporters sell their products overseas.Disputes between the two nations remain.Yet many observers believe economic cooperation is very important.U.S. Treasury Secretary Jack Lew attended the meetings in Beijing.He later told business people that,"strengthening the commercial relationshipsremains an important test ahead of us.It's a way to create economic growth and jobs in our two countriesand it's a way to help drive the global economy forward."China's State Councilor Yang Jiechi agreed that businessis what he called the "backbone" of U.S.-China relationship.He said, "I believe all departmentsfrom our two countries' governments will pay high attentionto the proposals and suggestions raised by all entrepreneurs today."The talks in Beijing also included on discussionof Chinese territorial claims in the South China Sea.The U.S. has blamed China for raising tensions in the areaand called its territorial claims, "problematic."In the past few months, China has established an air defense zoneover disputed waters with Japanand put an oil rig in an area claimed by Vietnam.China also declared rights over waters claimedby other nations in the South China Sea.The U.S. pivot to Asia policy has led to new security agreementswith the Philippines, Japan and South Korea.It also is leading to additional U.S. military forces in the area.China said the U.S. policy is designedto contain its rise as the main power in East Asia.On Wednesday, Chinese President Xi Jinpingspoke at the opening of the meetings.He said that, "China-U.S. confrontation,to the two countries and the world,would definitely be a disaster."Mr. Xi asked both sides, in his words,to "look far into the distance, strengthenand persist on cooperation, and avoid confrontation."Mr. Kerry said that the U.S. is not seeking to contain Chinaand hopes that China works to guarantee regional security."Despite our differences,our two nations have the ability to find common ground.That's the foundation on which we needto build decades of prosperity for the future,and also build possibilities of stability and peace at the same time."The U.S.-China Strategic and Economic Dialoguehave failed to produce much substance in the past few years.But they have helped reduce tension in the East Asia.Stapleton Roy is a former U.S. Ambassador to China."It is very important for us to have mechanismsthat work and try to address the types of issues that arisebetween two countries such as China and the United States.And I think this Strategic and Economic Dialogueis one of those mechanisms."And that's In the News from VOA Learning English.