The China-U.S. Strategic Economic Dialogue (SED) was a framework for the United States and the People's Republic of China to mutually discuss topics related to economic relations between both countries. The SED was initiated in 2006 by President George W. Bush and President Hu Jintao. The format was such that top leaders of both countries would meet twice a year at locations alternating between China and the US. A total of five meetings were held between 2006 and 2008.
It had been described by a former U.S. Treasury official as "sort of like the G2". The SED was expanded to give the U.S. State Department a bigger role by the Presidency of Barack Obama and renamed the U.S.-China Strategic and Economic Dialogue. Unique attributes to the SED included a jointly drafted and agreed to "Fact Sheet" that detailed all the agreements reached at that round of the SED.