Hu said the many agreements resulted from "frank, constructive and fruitful" discussions that he and Obama had Tuesday in the Great Hall of the People.

Both leaders "agreed to continue to adopt strategic and long-term perspective, increase dialogue, exchanges and cooperation and work together to build a positive, cooperative and comprehensive China-US relationship for the 21st century," Hu said when he met the press alongside Obama after the talks.

The leaders' press conference and the official welcoming ceremony were broadcast live on China's national television network CCTV.

Both heads of state were committed "to take concrete action to steadily grow a partnership between the two countries to meet our common challenges," Hu said.

"We meet here at a time when the relationship between the US and China has never been more important to our collaborative future," Obama told reporters.

"The major challenges of the 21st century - from climate change and nuclear nonproliferation to economic recovery - are challenges that touch both our nations; challenges that neither can solve by acting alone," Obama said.

Hu also championed more cooperation, stressing the need to steadily increase strategic mutual trust between the countries, which would be preceded by respect and accommodation of each other's core interests and major concerns.

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