"To answer this question, one must, first and foremost, identify the basis for the development of China-U.S. relations. It is fair to say our two countries have never enjoyed such broad common interests and shouldered such important common responsibilities as we do today."

-- Both China and the United States are committed to upholding world peace and stability and reforming the international system.

-- Both China and the United States are committed to the development and prosperity of the Asia-Pacific region.

-- Both China and the United States are committed to stronger bilateral cooperation in all fields to the benefit of the two peoples.

"Looking ahead, we are fully confident about the prospects of China-U.S. relations. Here I would like to propose that we take the following steps to advance the sound and steady growth of our relations," said Hu.

First, bear in mind the overall interests, take a long-term perspective and make active efforts to advance China-U.S. cooperative partnership. The China-U.S. relationship is not one in which one side's gain means the other side's loss.