China and the United States have stressed the importance of dialog and communication between the two sides in business-related aspects and said it is necessary to promote pragmatic cooperation in trade and investment, while handling differences properly.

Liu, who is also a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-US comprehensive economic dialog, held a telephonic conversation with US Trade Representative Katherine Tai on May 27.

But on the basis of mutual respect and equality, they can explore solutions through dialog and consultation," Gao said.