The Securities Industry and Financial Markets Association (SIFMA) issued the following statement after the conclusion of the US-China Strategic Economic Dialogue (SED) in Washington, D.C.
“We commend American and Chinese officials for engaging in this important dialogue, which will play a key role in advancing the US-China economic relationship,” says Marc Lackritz, SIFMA’s president and CEO. “Eliminating burdensome barriers to entry is a win-win for the economies of both nations. American financial services firms will be given new opportunities for growth, while at the same time assisting their Chinese counterparts with the development of a modern financial services system.”