Chinese, US presidents agree to deepen bilateral ties

President Hu Jintao has met with his US counterpart, Barack Obama in Beijing. The two leaders have agreed to deepen bilateral ties through stronger cooperation and to find more common ground despite their differences. Their discussions also focused on global challenges, and to ensure that the world economy has a solid recovery.

Chinese President Hu Jintao holds official talks with visiting U.S. President Barack Obama at the Great Hall of the People in Beijing on Nov. 17, 2009. (Xinhua/Huang Jingwen)

This is the third formal meeting between President Hu Jintao and Barack Obama this year. They represent the interests of the world's largest developing and developed nations.

Chinese President Hu Jintao said, "Mr. President, this is your first state visit to China. We are delighted to have you here. On behalf of myself, the Chinese government, and the people, allow me to extend our warm welcome to you and the US delegation. We've already had a smaller meeting this morning and reached consensus on many aspects."

US President Barack Obama said, "The US and China have many mutual interests. It's fair to say that........."