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And these security and economic dialogues that we’ve established are precisely designed to lessen suspicions, to enhance mutual understanding.  The more we understand each other’s challenges, the more we can take advantage of opportunities.

PRESIDENT HU:  (As translated.)  As the journalist who raised that question said, in today’s world mankind faces more and more global challenges.  And I would like to stress here that no country can remain unscathed in the face of so many global challenges.  And no country can single-handedly tackle global challenges.  

For example, in the field of fighting terrorism, upholding the security of humanity, or in tackling the international financial crisis, promoting the growth of the world economy in addressing regional hotspots, fighting transnational crimes, fighting piracy, and preventing and treating communicable diseases -- in all these areas, countries need to work together to meet the challenge.  

China is the biggest developing country, and the United States the biggest developed country.  In this context, it is ultimately necessary for China and the United States to strengthen their cooperation to meet such challenges.  

How can China and the U.S. do a better job in working together to meet global challenges?  I think there are three points I would like to make, and these three points deserve our serious attention and consideration.  

Number one, our two sides have acted in the spirit of cooperation as if we were in the same boat and we should row in the same direction when we tackled previous international challenges, and I think we need to keep up the spirit in future as we tackle challenges.

Number two, we need to increase our communication and coordination.  And number three, we need to respect and accommodate each other’s interests and concerns.  I’m convinced that as long as our two sides continue to act in this spirit, and as long as we continue to work together with other countries concerned, we will be able to engage in cooperation in an even broader range of areas to the benefit of world peace and development.

PRESIDENT OBAMA:  All right, everybody.  Thank you so much for your patience, due to the technical difficulties.  

President Hu, once again, we appreciate your visit.  We appreciate the dialogue.  And we are looking forward to having dinner with you later this evening.

Thank you, everybody.

END

2:35 P.M. EST

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