At the same time, we are keenly aware that China is still the largest developing country in the world and we need to make long and hard efforts if we are to build a moderately prosperous society in all respects and basically achieve modernization.
China recognizes and also respects the universality of human rights. We will continue our efforts to promote democracy and the rule of law.
Since the beginning of the 21st century, thanks to the concerted efforts of both sides, China-U.S. relationship has on the whole enjoyed steady growth. Since President Obama took office, we have maintained close contact through exchange of visits, meetings, telephone conversations and letters.
In order to address world economic imbalances, countries around the world should make joint efforts to adjust their economic structure.