The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the US dollar should be kept at a reasonable and stable level.

China has adopted and is implementing its national climate change program. This includes mandatory national targets for reducing energy intensity and discharge of major pollutants and increasing forest coverage and the share of renewable energy for the period of 2005 through 2010.

The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over.

Building a good, stable, and productive China-U.S. relationship is in our mutual interest of our two countries and our two peoples, and also contributes to peace and development.

Since the beginning of the 21st century, thanks to the concerted efforts of both sides, China-U.S. relationship has on the whole enjoyed steady growth. Since President Obama took office, we have maintained close contact through exchange of visits, meetings, telephone conversations and letters.

China pays a great deal of attention to the Korean nuclear issue. We stand for achieving denuclearization of the peninsula in a peaceful way through dialogue and consultation to maintain peace and stability of the peninsula and Northeast Asia.

Global climate change has a profound impact on the survival and development of mankind. It is a major challenge facing all countries.