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US-China annual dialogue ends

US and Chinese officials have agreed to cooperate in pressuring North Korea into giving up its nuclear program. But they remain far apart on cybersecurity.

The 2-day Strategic and Economic Dialogue in Beijing ended on Thursday.

US Secretary of State John Kerry and Treasury Secretary Jack Lew, and Chinese Vice Premier Wang Yang and State Councilor Yang Jiechi spoke to reporters after the meeting.

Wang referred to ongoing negotiations on a bilateral investment pact. He said the 2 sides agreed to decide on main provisions this year if possible, and start talks on a list of areas to be excluded from the pact early next year.
Kerry said they agreed on the need to denuclearize the Korean Peninsula as soon as possible. He said the countries confirmed that they will boost efforts to enforce UN Security Council resolutions banning the development of weapons of mass destruction and ballistic missiles.

Yang said the Korean Peninsula should be denuclearized peacefully.

On cybersecurity, Kerry said the loss of intellectual property through hacking has a chilling effect on innovation and investment. He said the 2 sides agreed to continue discussing the matter.

But Yang said it's up to the United States to first create the proper conditions for renewed dialogue.

US law enforcement authorities indicted 5 Chinese military officers in May on charges of hacking into the computer networks of US companies and stealing trade secrets. China is strongly criticizing the indictment.

On China's maritime activities, Yang said the country will definitely defend its territorial sovereignty and interests in marine resources. He said the United States should take a fair and objective stance on the matter.

Jul. 10, 2014 - Updated 11:14 UTC