Readout of the President's Meeting with China's Special Representatives to the U.S.-China Strategic and Economic Dialogue and Consultation on People-to-People Exchange

The President met today with China's Special Representatives to the U.S.-China Strategic and Economic Dialogue and Consultation on People-to-People Exchange, Vice Premier Liu Yandong, Vice Premier Wang Yang, State Councilor Yang Jiechi, and the Chinese delegation. The President acknowledged the importance of these annual ministerial-level mechanisms for expanding practical cooperation on regional and global challenges, while at the same time narrowing differences. The President and the Chinese Special Representatives agreed to further expand U.S.-China cooperation on climate and clean energy, and affirmed their unity of purpose in our approach to the Paris climate negotiations in December. Recognizing the importance of economic ties to the overall bilateral relationship, the President expressed support for China's efforts to reform and rebalance its economy, and for our ongoing bilateral investment treaty negotiations, while urging China to address major economic challenges in the areas of its currency, technology and investment policies. The President raised ongoing U.S. concerns about China's cyber and maritime behavior, and he urged China to take concrete steps to lower tensions.

The President and the Chinese Special Representatives discussed the fundamental importance of demonstrating to North Korea that it will not succeed in its efforts to develop nuclear weapons and its economy simultaneously, and both sides reiterated their commitment to the denuclearization of the Korean Peninsula. The two sides agreed that Iran should seize the historic opportunity presented by the ongoing P5+1 negotiations to address the international community's concerns regarding its nuclear program. The two sides strongly expressed support for deepening ties between the citizens of the United States and the People's Republic of China.

The President affirmed that he looks forward to welcoming President Xi Jinping to the White House for a State Visit in September.