Economic and Trade Agreement Between the United States of America and the People's Republic of China: Phase One   [open pdf - 2MB]

From the Preamble: "The Government of the United States of America and the Government of the People's Republic of China (collectively the 'Parties'), RECOGNIZING the importance of their bilateral economic and trade relationship; REALIZING that it is in the interests of both countries that trade grow and that there is adherence to international norms so as to promote market-based outcomes; CONVINCED of the benefits of contributing to the harmonious development and expansion of world trade and providing a catalyst to broader international cooperation; ACKNOWLEDGING the existing trade and investment concerns that have been identified by the Parties; and RECOGNIZING the desirability of resolving existing and any future trade and investment concerns as constructively and expeditiously as possible, HAVE AGREED as follows." The document has eight chapters including: 1) Intellectual Property; 2) Technology Transfer; 3) Trade in Food and Agricultural Products; 4) Financial Services; 5) Macroeconomic Policies and Exchange Rate Matters and Transparency; 6) Expanding Trade; 7) Bilateral Evaluation and Dispute Resolution; and 8) Final Provisions.

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