Beijing ready to advance BIT talks with Washington, says diplomat

The Bilateral Investment Treaty talks between China and the United States can be an "inflection point" in economic cooperation, a high-profile diplomat said on Wednesday.

Beijing is ready to work with Washington to advance the BIT negotiations, and it welcomes foreign companies to "share the dividends" of China's new round of reform and development, said Xie Feng, director-general of the Foreign Ministry's department of North American and Oceanian affairs.