Hu Jintao Meets With Obama &Nbsp; &Nbsp; China Will Push Forward Exchange Rate Reform Step By Step.

Chinese President Hu Jintao met with us president Obama in Seoul, South Korea, on the afternoon of November 11th.

This is the seventh time that the two meet.

That night, the fifth summit of the group of 20 leaders will be held in Seoul.

The president of the People's Republic of China

Hu Jintao pointed out that mankind is about to enter the second 10 years of twenty-first Century.

Facing the profound and complicated changes in the international situation, it is a major task for our two countries to promote cooperative and comprehensive Sino US relations at a higher level and to cooperate with partners in the areas of common interests.

This not only concerns the future of their respective countries, but also has a profound impact on the future of the whole world.

China is willing to strengthen dialogue, exchanges and cooperation with the US side, respect the core interests of each other and promote the sustained, healthy and stable development of Sino US relations.

Obama said he was very pleased to hold the seventh meeting with Hu Jintao.

In recent years, the United States and China have made great efforts to promote the development of bilateral relations, promote pragmatic cooperation in various fields, carry out strategic and economic dialogues, conduct extensive and in-depth consultations on bilateral relations and international and regional issues, and maintain strong and steady momentum of development in bilateral relations.

The US side is willing to strengthen cooperation with China on promoting strong, sustainable and balanced growth of the world economy.

The United States looks forward to continuing dialogue and consultation between the two countries and promoting further development of bilateral relations.

Hu Jintao pointed out that China hopes the US side will pursue an active and constructive policy toward China and strive to stabilize and develop Sino-U.S. relations.

In the face of the changing international and regional situation, China and the United States should trust each other and work together to cope with the increasing global challenges and benefit the Chinese and American peoples and peoples.

At the next stage, Sino US relations are facing new opportunities for development.

It is hoped that both sides will seize the opportunity to further promote exchanges and cooperation in various fields and maintain the momentum of positive development of bilateral relations.

Hu Jintao pointed out that Sino US economic and trade relations have achieved new development and have basically revert to the level before the international financial crisis.

US exports to China continued to grow rapidly, significantly higher than the US's export growth to other major trading partners.

China has put forward proposals for greater financial, financial, economic and trade cooperation between the two countries, and hopes that both sides will work together to do the work well.

Obama said that achieving a sustainable global economic recovery is the most important international economic policy objective of the United States.

It is hoped that the two sides will work together to push forward the adjustment of their domestic economic structure.

The United States is committed to strengthening bilateral economic and trade cooperation to achieve mutual benefit and win-win situation.

Hu Jintao said that China is willing to continue constructive communication with the US side on economic and trade issues and find ways to properly resolve differences.

China's further promotion in June this year

Hu Jintao expressed the hope that the US side will take concrete actions to relax restrictions on the export of high-tech products to China as soon as possible, and give China a fair competitive environment for investment companies in the US, and work together with China to promote healthy and stable development of bilateral economic and trade relations.

China is concerned about the recent quantitative easing policy in the United States, and the US side's policies should take into account the interests of emerging market countries and developing countries.

The two sides also exchanged views on the situation on the Korean Peninsula and the Iran nuclear issue.

Wang Qishan, Ling plan, Wang Huning and Dai Bingguo attended the meeting.