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.

The overall strength of Chinese culture and its international influence is not commensurate with China's international status. The international culture of the West is strong while we are weak.

China and the United States have major influence in international affairs and shoulder important responsibilities in upholding world peace and promoting common development.

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.

China recognizes and also respects the universality of human rights. We will continue our efforts to promote democracy and the rule of law.

China will stay firmly committed to the basic state policy of opening-up. We will actively and effectively use foreign investment, improve its structure, diversify its form and open up more channels and sectors so as to facilitate investment.

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.