US says it is 'deeply concerned' about China cybertheft

June 24, 2015 08:22
US Treasury Secretary Jacob Lew has urged China to abide by "certain standards of behavior within cyberspace". Photo: Bloomberg

The United States said on Tuesday that it is deeply concerned about China's state-sponsored cyber-theft from companies and commercial sectors.

In an opening statement at annual high-level talks on strategic and economic issues in Washington, US Treasury Secretary Jacob Lew said Beijing needs to "abide by certain standards of behavior within cyberspace".

"We remain deeply concerned about Chinese government-sponsored cyber-enabled theft," he said at the US-China Strategic and Economic Dialogue. 

In other remarks, Lew said that China needs to move toward a more market-oriented exchange rate for the renminbi.

US Vice President Joe Biden, meanwhile, said that China and the US might not resolve all of their differences during the sessions but should commit to working on them, Reuters reported.

"We have to keep at it, day after day after day after day," Biden was quoted as saying.

Biden urged China to keep international waterways open for trade, referring to the concerns about Beijing's reclamation work in the South China Sea.

"Responsible countries adhere to international law and work together to keep international sea-lanes open for unimpaired commerce, Biden said, according to the Wall Street Journal.

China's Vice Premier Liu Yandong responded to Biden by saying that differences could be managed "as long as our two countries adopt an overall perspective, respect and accommodate each other’s core interests."

More than 400 Chinese officials are in Washington for the talks, which involve eight US Cabinet secretaries.

The talks are scheduled to conclude on Wednesday.

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