China and the United States wrapped up fourth round of Strategic Economic Dialogue, or SED, Wednesday in Annapolis, Md.

Visiting Chinese Vice Premier Wang Qishan and U.S. Secretary of Finance Henry Paulson co-chaired the meeting as special representatives of the state leaders of the two countries.

"This is a successful meeting," Wang said.

Both sides held candid talks on issues of common interests and listens to the concerns of each other.

They also shared experience and views on current global economic and financial situation and on bilateral economic and trade relationship, and pledged to further cooperation via the SED platform.

Participants of the June 17-18 meeting include minister-level officials and other senior officials from the two governments.

The two-day discussions focused on five specific areas: financial and macro economic management, developing and protecting human capital, the benefits of trade and open markets, enhancing investment, and advancing joint opportunities for cooperation in energy and environment.

China and the United States will sign a 10-year cooperation agreement on energy and environmental protection after the meeting.