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"China will be very interested in hearing what the Federal Reserve thinks," Dollar wrote in a blog post on Wednesday. "Regardless of when the Fed moves, both China and the United States have an interest in seeing a relatively stable exchange rate for the yuan."

BEIJING, June 6 (Xinhua) -- Chinese President Xi Jinping on Monday attended the joint opening ceremony of the eighth China-U.S. Strategic and Economic Dialogue (S&ED) and the seventh China-U.S. High-Level Consultation on People-to-People Exchange (CPE) in Beijing.

After the consultation, Li and Merkel witnessed the signing of more than 20 cooperation deals, covering areas including trade, energy, education, and agriculture.

The Chinese public has also kept a close eye on the South China Sea issue, standing firmly behind the government's resolve to safeguard China's sovereignty over the South China Sea Islands as well as its call for dialogue to settle the complicated disputes.

Song Tao, head of the International Department of the CPC Central Committee, held talks with the delegation, which was led by Ri Su Yong, a member of the Political Bureau of the Central Committee of the Workers' Party of Korea (WPK).