Rather, it should be a relationship in which the two sides respect each other and endeavor to deepen strategic mutual trust. It should be a relationship that highlights common interests and stronger cooperation in all fields. The two sides should view and handle the bilateral relations from a global perspective and in keeping with the trend of the times.

"We should keep our relations on the path of equality, mutual respect, mutual trust, mutual benefit and common development. And to do that, we should increase high-level exchanges, deepen and expand communication at all levels, better appreciate each other's strategic intentions and development paths, and further increase mutual trust, dispel misgivings and build consensus," said Hu.

Second, seize opportunities and take innovative steps to build a new pattern of mutually beneficial economic cooperation. Both China and the United States are advancing economic restructuring, increasing inputs in environmental protection, new energy and technological innovation, and promoting the development of health, education and other social programs.

"All this presents new opportunities for us to foster new areas of economic cooperation. China wants to work with the United States to forge a framework of broader and stronger economic cooperation. We can carry out fiscal, financial, and business cooperation on a larger scale, expand exchanges and cooperation in energy, the environment, agriculture, health and other fields, and broaden cooperation in new areas such as aviation and space, infrastructure and smart power grids. In this way, we will make our business ties even stronger and create more jobs and wealth for our people," he said.