U.S. officials say looking for steps by China to open markets

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Commerce Secretary Wilbur Ross, center, and Treasury Secretary Steven Mnuchin, right, arrive to hear President Donald Trump make a statement about the U.S. role in the Paris climate change accord, Thursday, June 1, 2017, in the Rose Garden of the ... White House in Washington. Trump announced that the U.S. will withdraw from the agreement. (AP Photo/Susan Walsh) (Copyright 2017 The Associated Press. All rights reserved.)

U.S. Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross said on Tuesday they will be looking for specific agreements from China this week to further increase access for U.S. companies to China's growing consumer markets.

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At a business lunch before the start of bilateral economic talks in Washington, Mnuchin said that hoped to see China lifting foreign ownership restrictions in its financial services sector to allow more U.S. participation, as well as the removal of barriers to trade in China's information and communication technology sector.

"My hope is that we can increase our focus on concrete and targeted commitments to address both short-term and long-term strategic challenges," Mnuchin said. 

(Reporting by David Lawder and David Brunnstrom; Editing by Cynthia Osterman)

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