Tensions over subsidized Chinese export goods on foreign markets and industrial overcapacity has been the focus of US Treasury Secretary Janet Yellen during her visit to China.
The dispute has also been a source of strain between the two powers during recent years.
"I am particularly concerned about the impact of Chinese industrial overcapacity in certain sectors as a result of government support, and the impact it could have on the American economy," Yellen said in a statement during her visit to the southern Chinese city of Guangzhou on Saturday.
"These concerns are shared by our allies and partners, who see potential risks to their own domestic workers and firms," she added.
Talks on balanced economic growth, such as the one Yellen held with China's Vice Premier He Lifeng in the export capital, are important to protect American interests and advance a healthy economic relationship with China, she said.
According to Chinese media, He addressed Beijing's "serious concerns" about US economic and trade policy measures that place restrictions on China.
As the world's largest economy, the United States has been particularly concerned about Chinese exports of cheap green energy products such as solar panels, which manufacturers in Europe and the United States have struggled to compete with.
Yellen cited the example of a US solar company which, according to her, had to close because it could not keep up with Chinese competitors' products at "artificially low prices."
"It's important that this doesn't happen again," said Yellen.
