The 2nd China-U.S. Strategic Economic Dialogue was held in Washington D.C. on 22-23 May 2007. Vice Premier WU Yi, the special representative of President HU Jintao, head the Chinese delegation and presided over this dialogue jointly with Mr. Paulson, U.S. Secretary of the Treasury. Minister WAN Gang and Vice Minister SHANG Yong of Science and Technology attended the conference as Chinese delegates.

This conference centered round 4 special topics—“service industry, investment and transparency”, “energy and environment”, “balanced economic growth” and “innovation”. Minister WAN Gang delivered a keynote speech under the special topic of “innovation”, in which he gave an account of the Outline of National Medium and Long-term S&T Development Plan (2006—2020) and the national strategy of independent innovation.