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.

At the same time, we are keenly aware that China is still the largest developing country in the world and we need to make long and hard efforts if we are to build a moderately prosperous society in all respects and basically achieve modernization.

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.

Developed countries should support developing countries in tackling climate change. This not only is their responsibility, but also serves their long-term interests.

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.

In order to address world economic imbalances, countries around the world should make joint efforts to adjust their economic structure.

Diversity in the world is a basic characteristic of human society, and also the key condition for a lively and dynamic world as we see today.