eunice youn reports from shanghai. >> reporter: u.s. treasury secretary jack lew is in beijing for the strategic and economic dialogue. his main concern is china's excess capacity and what he describes as its potentially corrosive impact on the country's growth as well as is global market. china has excess capacity in several industries including steel. it's become a major trade issue with many of beijing's partners, including the u.s. they believe china is dumping products in the world market, distorting prices, and hurting their own industries. in response, chinese officials like finance minister wei said the issue of overcapacity is being hyped up. he said china is pressing ahead to make production cuts. also jack lew's chinese counterpart wang pointed his finger at the u.s. saying fed policy is also creating uncertainty in the emerging marks. >> the united states and china account for one-third -- >> on the other hand, lew has been downplaying what's become a standard complaint of washington, the value. being critical of beijing if

. >> eunice youn takes us inside the gates of dithny and it won't cost you a dollar or yuan. >> reporter: this is the largest disney castle for the world's largest population. with the opening of its $5.5 billion theme park in shanghai next week, the u.s. entertainment giant hopes to dazzle china's consumers. but shanghai disneyland isn't the disneyland americans may be fall 88 with. lead designer or maner as disney calls her told me the company had to re-imagine the whole market. taking into account in china three generations often live under one roof. >> our research shows chinese people want to bring grandma, grandma, and little kids all together to the park. grandma, and grandpa can sit and enjoy the view, take photos of the family, and just take a break. >> reporter: 80% of the attractions here are unique to china. disney takes on chinese tradition. adding new rides. and remaking old classics. >> we realized the pirates of the caribbean was really well received, chinese people loved it. for the first time we have this pirates theme in treasure cove. >> reporter: some things would be