On March 31, 2016 local time, President Xi Jinping met with President Barack Obama of the US at the Walter E. Washington Convention Center, exchanging in-depth views on the development of China-US relations as well as international and regional issues of common concern. The two sides agreed to continue to deepen cooperation in various fields, strengthen communication and coordination in international affairs, consolidate and expand the common interests of China and the US, and promote the continuous development of bilateral relations along a healthy and stable track.

Xi Jinping pointed out that with the joint efforts of both sides, new and important progress has been made in China-US relations recently. The bilateral trade volume, the amount of two-way investment and personnel exchanges all have hit record highs. The two sides have maintained effective coordination and cooperation on major international and regional affairs and global challenges such as climate change, Iranian nuclear issue, peacekeeping, health care and development. These achievements demonstrate the great potential of China-US relations and highlight the importance and necessity of strengthening coordination and cooperation between China and the US.

Xi Jinping stressed that China will adhere to reform and opening up, stick to the path of peaceful development, strive to promote the building of a new type of international relations with win-win cooperation at the core, create a community of common destiny for mankind, maintain and improve the current international system and order with the UN as the center. As the largest developing country and biggest developed country respectively and the world's two largest economies, China and the US shoulder more responsibilities to promote world peace, stability and prosperity, and have broad areas where the two sides should and can cooperate. The common interests between China and the US far outweigh their differences, and China-US cooperation can make great achievements benefiting the two countries and the whole world. At the same time, the two sides should, on the basis of respecting each other's core interests and major concerns, actively seek to resolve their differences through consultations and dialogues, or manage sensitive issues in a constructive way and avoid misunderstanding and miscalculation as well as the escalation of conflicts in order to prevent the overall China-US cooperation from being disturbed. China stands ready to, together with the US, strengthen communication, focus on cooperation, enhance mutual trust, and work together to build a new model of major-country relationship, realizing non-conflict, non-confrontation, mutual respect, and win-win cooperation.

Xi Jinping pointed out that amid the current background of the sluggish growth of the world economy and the turmoil in international financial market, all countries should not resort to competitive currency devaluations to stimulate exports. China and the US should strengthen coordination in macroeconomic policies, and jointly promote world economy to achieve strong, sustainable and balanced growth. China stands ready to make joint efforts with the US to reach a China-US bilateral investment treaty featuring mutual benefits and win-win results at an early date. It is hoped that the US will continue to support China in hosting the G20 Summit in Hangzhou and promote the summit to achieve positive results, so as to provide a stronger impetus to the world economic growth. The cooperation on climate change is a good example of China and the US working together to deal with global challenges. The two sides should, through their strong domestic actions, continue to demonstrate their resolution to address climate change and achieve green and low-carbon development. Nuclear security is an important highlight of China-US cooperation. As both China and the US are major nuclear powers, strengthening nuclear security is in line with the common interests of both sides.

Xi Jinping pointed out that the two sides should carry out the agreed military-to-military exchanges and institutional consultations, and constantly improve the construction of mutual trust mechanisms of the two armies. It is hoped that the US will actively work together with China to this end. The China-US High-Level Joint Dialogue on Cybercrime and Related Issues held last December achieved positive results. The two sides should jointly implement the consensus reached during the dialogue, and make cyberspace security issues continue to be highlighted in China-US cooperation. It is hoped that the two sides will accumulate mutual trust and consensus, and jointly promote the establishment of international rules on cyberspace universally acceptable to all parties under the framework of the UN.

Xi Jinping stressed that the Chinese side always adheres to denuclearizing the Korean Peninsula, maintaining its peace and stability, and solving related issues through dialogues and negotiations. We uphold that all parties should implement the resolutions of the UN Security Council on the Democratic People's Republic of Korea (DPRK) in a complete and strict way, avoid any voice or action that may aggravate tension, and should not take any measure that may influence the security interests of other countries or regional strategic balance.

Xi Jinping noted that China firmly safeguards its sovereignty and relevant rights in the South China Sea, steadfastly devotes itself to maintaining the peace and stability of the South China Sea and sticks to peacefully resolving disputes through direct consultations and negotiations with the countries concerned. The Chinese side respects and safeguards the freedom of navigation and overflight entitled to all countries by the international laws, and meanwhile will never accept any action that impairs China's national sovereignty and security interests with the excuse of freedom of navigation. The Chinese side hopes the US side to keep its commitment of not taking sides in disputes regarding sovereignty and territory and to play a constructive role in safeguarding the peace and stability of the South China Sea.

Reiterating China's principled position on the Taiwan issue, Xi Jinping urged the US to persist in the One-China policy and continue to take practical actions to maintain the peaceful development of cross-Strait relations. He emphasized that it is also conducive to the long-term development of China-US relations.

Barack Obama expressed his welcome to President Xi Jinping for his attendance of the fourth Nuclear Security Summit in Washington D.C., saying that he was happy to meet with President Xi Jinping again. It is very beneficial to keep close high-level contacts between the US and China. He is willing to reaffirm that the US welcomes the rise of a peaceful, stable and successful China, and that the social and political stability and economic success of China are compliant with the interests of both China and the US. With increasing cooperation in the coordination of macroeconomic policies, the settlement of regional hotspot issues, climate change, global health, development, nuclear security and other fields, the two sides also have wide-ranging common interests in Asia-Pacific region. The US side stands ready to work with the Chinese side to manage and control disparities in a constructive way.

Barack Obama expressed that the US side supports China's efforts in economic transition including the supply-side structural reform, and hopes to strengthen the coordination of macroeconomic policies with China. The US side supports China to host a successful G20 Hangzhou Summit, so as to jointly send a positive signal that promotes the sustainable growth of global economy to the international community.

The two heads of state agreed to arrange the high-level contacts and institutional dialogues between the two countries, deepen the cooperation in extensive fields including economy and trade, armies, people-to-people and cultural exchanges, law enforcement and cyberspace security, and enhance the coordination and cooperation in a series of international and regional and global issues such as the Iranian nuclear issue, the Afghan issue, peacekeeping and development.

Both sides spoke highly of the release of the third joint statement on climate change by the two heads of state, and announced that the two countries would sign the Paris Agreement concurrently on April 22. The two heads of state agreed to issue a joint statement on China-US cooperation in nuclear security, and jointly bring the fourth Nuclear Security Summit to a success.

Wang Huning, Li Zhanshu, Yang Jiechi, Vice President Joe Biden of the US, Secretary of State John Kerry of the US, US President's National Security Advisor Susan Rice and others attended the meeting.