Dec. 15, 2006 -- The U.S. continued to press for stronger intellectual property protections in China at the U.S.-China Strategic Economic Dialogue in Beijing on Friday.

At a press conference following the two-day trade meeting, Treasury Secretary Henry Paulson said U.S. and Chinese officials agreed on a number of fundamental principals, calling the discussions frank and productive.

"When we disagree, we do so with mutual respect. We know balanced and sustainable growth in China is vital to the strength to the global economy," Paulson said.

The talks also included the need for exchange rate flexibility and opening China's services sector to competition and investment.

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