Chinese solar panel manufacturers are facing the possibility of stiff new tariffs from the US.
The photovoltaic industry is far from overcapacity, but US measures are suppressing the market demand.
But US will "press for policy changes that yield greater exchange rate flexibility" in the yuan.
China began its challenge by requesting consultations with the US through the WTO to resolve the dispute.
The US Treasury Department said on Friday China has not met standards of a currency manipulator.
Representatives of dozens of Chinese and US companies gathered for the 2012 Wall Street China Forum on May 15 in New York.
Panelists tackled China-US ties and the global economy at a May 22 discussion hosted by the pro-growth New York Forum.
Xiao Wunan, executive vice-chairman of the Asia Pacific Exchange and Cooperation Foundation, was recognized recently for the organization's "commitment to promote comprehensive social, economic and cultural development between the United States and the Asia-Pacific region".
Facebook Inc advised analysts for underwriters to reduce revenue and earnings forecasts before the company's IPO.
Alibaba announced it would buy back some 20 percent of its equity from Yahoo Inc for about $7.1 billion.
IBM Corporation has set up a center in Hainan province to focus on the development of smart information technology.
Google Inc won approval from Chinese regulators for its $12.5 billion purchase of Motorola Mobility Holdings Inc, the Ministry of Commerce said in a statement.
