China Keen on Enhancing Investment in US Shale Space

China is keen to increase its investment in U.S. shale gas, an American official was quoted as saying.

Chinese and U.S. officials met to discuss energy issues as part of the two-day U.S.-China Strategic and Economic Dialogue in Washington this week, Reuters reported.

"There's a very strong Chinese interest to be able to benefit and learn from American technology and American investment," the U.S. official told reporters on condition of anonymity, Reuters said.

Chines firms face hurdles in investing in certain sector in the US while US companies complain China heavily restricts foreign investment in about 100 different sectors.

"(We discussed) China's interest as well (in) being a recipient of American investment in unconventional oil and gas, and especially gas, and the critical need to address some of the constraints," the administration official said.