PRESIDENT XI: (Via interpreter) Secretary Kerry, Secretary Lew, and all the members of the U.S. delegation, it is indeed a great pleasure to meet with you again, as we met yesterday morning already. Thanks to the joint efforts of both sides, the eighth round of the China-U.S. S&ED and the seventh round of CPE have registered positive outcomes. I would like to express my appreciation to the hard efforts made by teams from both sides, and I also hope that as we go forward both sides will do a good job of implement the outcomes so that we will produce early deliverables to benefit the people of not only our two countries but also the whole world.
As I said yesterday at the opening session, three years ago President Obama and I jointly agreed to work together to build a new model of major country relationship between China and the United States. And that's indeed what we have been working together on over the past three years. And what has been achieved in the growth of this relationship over the past three years or so has told us that this is a path that is both viable and also which will take us to a long way, as this conforms with the fundamental interests of the people in our two countries and also of the people in all over the world. So no matter how the international landscape will change, this is a overall direction we have to stick to and work unswervingly towards.
China-U.S. relationship is multifaceted and highly complicated, and in this relationship we have more common interests than differences. However, differences will always be there. The key is that we have to shut the differences while expand our common ground, and the key is to always bear in mind that our common interests outnumber our differences. So we need to respect each other's core interests and major concerns and on that basis, try to work together to seek solutions to the differences. And for those differences that cannot be resolved for the time being, we need to appropriately and effectively manage them so as to always keep the growth of this relationship on a sound and steady track.
I look forward to meeting with President Obama again on the sidelines of the G20 summit in September this year, over which we'll have another chance to have in-depth exchange of views on China-U.S. relationship. In the lead-up to that meeting, I hope teams of both sides will make good preparations for both the G20 summit and also the presidential meeting and also create favorable atmosphere for those events. And in this year, both of our countries will have important domestic political agenda. And I hope as we go forward, we'll continue to work towards a new model of major country relationship, focus our cooperation, and manage our differences. I hope we'll always bear in mind the bigger picture and also make concrete efforts to promote the growth of this relationship so that it will always stay on the right track.
And Mr. Secretary -- Secretary Lew and Secretary Kerry and other members of the U.S. delegation, now I'm also interested in learning about your views.
SECRETARY KERRY: Well, Mr. President, let me begin by extending to you President Obama's greetings, and he shares the -- he shares the readiness to meet in September and looks forward to meeting with you again very much.
I think, Mr. President, that everybody would agree that the last two days have been an excellent preparation for the G20. I've had the privilege of meeting with you now many times in the last four years -- four of those occasions -- or two of those occasions in the context of the S&ED. I've watched each year in the four that I have participated in as it has grown significantly in the breadth of the issues that we discuss and in the deliverables that we achieve.
In the last two days, we've had in-depth discussions on all the issues of major concern to our countries. From my point of view -- and I agree with your comment -- of course there will be some disagreements; we know that. But what I think we are proving is a thoughtful, sensible way in which to try to manage those differences even as we try to maximize the opportunities that are presented to us in so many fields as you've just said we'll be doing (inaudible).