If the two nations participating in the China-US Strategic and Economic Dialogue (SAED) emerge from the high-level talks with one thing, it should be an agreement to cooperate on stabilizing bilateral trade.

And if they manage to bring about that stabilization, the impact will benefit not only both economies but help the struggling global economy recover, said Wang Rongjun, a professor in the Institute of American Studies under the Chinese Academy of Social Sciences.

"China and the US have never been more eager than now to push forward with bilateral trade," Wang said. "Cooperation will be the tone of the dialogue."