Chinese Ambassador to the United States Cui Tiankai speaks during a joint interview with the Washington-based Chinese media in Washington July 7, 2013. The upcoming 5th China-U.S. Strategic and Economic Dialog is believed to produce positive results under the guidance of the important consensus on building a new type of major-country relationship reached at last month's historic summit, Cui Tiankai said on Sunday. (Xinhua/Fang Zhe)

The upcoming 5th China-U.S. Strategic and Economic Dialogue (S&ED) will produce positive results under the guidance of the important consensus on building a new type of major-country relationship reached at last month's historic summit, Chinese Ambassador to the U.S. Cui Tiankai said Sunday.

This round of S&ED will be held in Washington D.C. on July 10- 11 and co-chaired by Chinese Vice Premier Wang Yang and State Councilor Yang Jiechi with U.S. Treasury Secretary Jacob Lew and Secretary of State John Kerry.

In a joint interview with the Washington-based Chinese media outlets, Cui highlighted the significance of the dialogue, noting it will be the first high-level talks since the governmental reshuffles in both countries and the June 7-8 summit held at California's Annenberg Estate between Chinese President Xi Jinping and his U.S. counterpart Barack Obama.

During that summit, Xi and Obama reached a consensus on seeking to build a new type of major-country relationship based on mutual respect and win-win cooperation, instead of rivalry and confrontation. The consensus has chartered the course for future development of the China-U.S. ties, and the fifth S&ED will be the first concrete step in implementing it, Cui said.

"This dialogue is not only held at an important time, but also has far-reaching implications on the bilateral relations," the veteran Chinese diplomat said, adding it provides the opportunity for the two sides to turn the political will of building a new type of major-country relationship into policies and actions.

During the two-day dialogue in Washington, D.C., leading officials from more than 20 departments and ministries of both countries will hold a series of talks on wide-ranging topics, including trade, energy, climate change, cyber security, and Asia Pacific cooperation.