>> I THINK THE PRESIDENT IS SPEAKING NOW, PETER. >> Reporter: LET'S TAKE A LISTEN. SORRY. >> THE UNITED STATES IS, A GREAT HONOR AND A PLEASURE, PARTICULARLY AS RELATES TO OUR SUMMIT TODAY, AND FOR THE APEC MEETING THIS WEEK. THIS TIME OF YEAR ABOUT A YEAR AND A DAY AGO WE MET IN BALI ON THE SIDELINES OF THE G20. SINCE THEN, KEY MEMBERS OF OUR TEAMS HAVE HAD IMPORTANT DISCUSSIONS ON ISSUES, MATTERS TO BOTH OUR NATIONS AND TO THE WORLD. BUT AS ALWAYS, THERE IS NO SUBSTITUTE TO FACE-TO-FACE DISCUSSIONS. I ALWAYS FOUND OUR DISCUSSIONS TO BE FORWARD AND FRANK AND I HAVE ALWAYS APPRECIATED THEM. MR. PRESIDENT, WE HAVE KNOWN EACH OTHER A LONG TIME. WE HAVEN'T ALWAYS AGREED, WHICH IS NOT A SURPRISE TO ANYONE. BUT OUR MEETINGS HAVE BEEN CANDID, STRAIGHTFORWARD AND USEFUL. I HAVE NEVER DOUBTED WHAT YOU HAVE TOLD ME IN TERMS OF YOUR CANDID NATURE IN WHICH YOU SPEAK. I VALUE OUR CONVERSATIONS BECAUSE I THINK IT'S PARAMOUNT THAT YOU AND I UNDERSTAND EACH OTHER CLEARLY, LEADER TO LEADER, WITH NO MISCONCEPTIONS OR MISCOMMUNICATION. WE HAVE TO ENSURE THE COMPETITION DOES NOT VEER INTO CONFLICT, AND WE ALSO HAVE TO MANAGE IT RESPONSIBLY, THE COMPETITION. THAT'S WHAT THE UNITED STATES WANTS AND WHAT WE INTEND TO DO. WE ALSO -- I ALSO BELIEVE IT'S WHAT THE WORLD WANTS FOR BOTH MUCH US, CANDID EXCHANGE. WE ALSO HAVE A RESPONSIBILITY TO OUR PEOPLE AND THE WORK IN WORLD TO WORK TOGETHER WHEN WE SEE IT IN OUR INTEREST TO DO SO. AND A CRITICAL GOAL WITH CHALLENGES WE FACE FROM CLIMATE CHANGE TO NARCOTICS TO ARTIFICIAL INTELLIGENCE, DEMAND OUR JOINT EFFORTS. SO I LOOK FORWARD TO BEGINNING THIS DISCUSSION, AND I WELCOME YOU AND THE FLOOR IS YOURS, MR. PRESIDENT. AND AGAIN, WELCOME BACK. >> Translator: MR. PRESIDENT, GOOD MORNING. COMING HERE, I THOUGHT OF -- I THINK OF YOUR TRIP TO CHINA WHEN I WAS THE VICE PRESIDENT OF CHINA. WE HAD A MEETING. IT WAS 12 YEARS AGO. I STILL REMEMBER OUR INTERACTIONS VERY VIVIDLY, AND IT ALWAYS GIVES ME A LOT OF THOUGHTS. LAST TIME WE MET IN BALI, YOU SAID IT WAS A YEAR AND A DAY AGO. A LOT HAS HAPPENED SINCE THEN. THE WORLD HAS EMERGED FROM THE COVID PANDEMIC, BUT IS STILL UNDER ITS TREMENDOUS IMPACTS. THE GLOBAL ECONOMY IS RECOVERING, BUT ITS MOMENTUM REMAINS SLUGGISH. INDUSTRIAL AND SUPPLY CHAINS ARE STILL UNDER THE THREAT OF INTERRUPTION AND PROTECTIONISM IS RISING. ALL THESE ARE GRAVE PROBLEMS. THE CHINA/U.S. RELATIONSHIP WHICH IS THE MOST IMPORTANT BILATERAL RELATIONSHIP IN THE WORLD SHOULD BE PERCEIVED AND ENVISIONED IN A BROAD CONTEXT OF THE ACCELERATING GLOBAL TRANSFORMATIONS SEEN IN A CENTURY. IT SHOULD DEVELOP IN WAY THAT FULL FULSE OUR RESPONSIBILITY FOR HUMAN PROGRESS. CHINA/U.S. RELATIONSHIP HAS NEVER BEEN SAILING OVER THE PAST 50 YEARS AND IT FACES PROBLEMS ONE KIND OR ANOTHER, YET KEPT MOVING FORWARD AMID TWISTS AND TURNS. FOR TWO LARGE COUNTRIES LIKE CHINA AND THE UNITED STATES, TURNING THEIR BACK ON EACH OTHER IS NOT ON OPTION. IT IS CONFLICT AND CONFRONTATION HAS UNBEARABLE CONSEQUENCES FOR BOTH SIDES. I'M STILL OF THE VIEW THAT MAJOR COMPETITION IS NOT THE PURVEYEDING TREND OF CURRENT TIMES AND CANNOT SOLVE THE PROBLEMS FACING CHINA AND THE UNITED STATES OR THE WORLD AT LARGE. PLANET EARTH IS BIG ENOUGH FOR THE TWO TROO COUNTRIES TO SUCCEED AND ONE COUNTRY'S SUCCESS IS AN OPPORTUNITY FOR THE OTHER. IT IS AN OBJECTIVE FACT THAT CHINA AND THE UNITED STATES ARE DIFFERENT IN HISTORY, CULTURE, SOCIAL SKMEL SYSTEM AND DEVELOPMENT PATH. HOWEVER, AS LONG AS THEY RESPECT EACH OTHER, CO-EXIST IN PEACE AND PURSUE COOPERATION, THEY WILL BE FULLY CAPABLE OF RISING ABOVE DIFFERENCES AND FIND THE RIGHT WAY FOR THE TWO MAJOR COUNTRIES TO GET ALONG WITH EACH OTHER. I FIRMLY BELIEVE IN A PROMISING FUTURE OF THE BILATERAL RELATIONSHIP. MR. PRESIDENT, YOU AND I, WE ARE AT THE HELM OF CHINA/U.S. RELATIONS. WE SHOULDER HEAVY RESPONSIBILITIES FOR THE TWO PEOPLES OF THE WORLD AND FOR HISTORY. I LOOK FORWARD TO HAVING AN IN DEPTH EXCHANGE OF VIEWS AND REACH NEW UNDERSTANDINGS WITH YOU ON STRATEGIC AND OVERARCHING ISSUES CRITICAL TO THE DIRECTION OF CHINA/U.S. RELATIONS AND ON MAJOR ISSUES AFFECTING WORLD PEACE AND DEVELOPMENT. YOU WISH TO T
