The two leaders recognize that the relationship is both vital and complex. China and the US have set an example of positive relations between countries, despite different political systems, historical and cultural backgrounds, and levels of economic development.
The US reiterated that it welcomes a strong, prosperous and successful China that plays a greater global role.
Each country and its people have the right to choose their own path, and should respect each other's development model.
A healthy, stable and reliable military-to-military relationship is an essential part of President Hu's and President Obama's shared vision for a positive, cooperative, and comprehensive China-US relationship.
China and the US have a common interest in promoting peace and security in the Asia-Pacific region and beyond.
Both countries are committed to the eventual realization of a world without nuclear weapons.
Agreement was reached on the critical importance of maintaining peace and stability on the Korean Peninsula.
On the Iranian nuclear issue, the two countries reiterated their commitment to seeking a comprehensive solution that would restore international confidence in the peaceful nature of Iran's nuclear program.
The two sides agreed to strengthen macroeconomic communication and cooperation, in support of strong, sustainable and balanced growth in the US, China and the global economy.
Both will pursue forward-looking monetary policies with due regard to the ramifications of those policies for the international economy.