The two countries took the lead in ratifying and accepting the Paris Agreement on climate change, demonstrating again the influence of the cooperation between the two countries, Obama said.
Washington hopes to build stronger trade and investment ties with China, and make joint efforts with China on a wider range of fields, including regional and global security, he said.
CONTROLLING DIFFERENCES
Aside from strengthening cooperation, Xi and Obama also agreed to manage and control differences between their two countries in a constructive manner.
On the issue of Taiwan, Xi said China will resolutely safeguard its sovereignty and territorial integrity, and curb "Taiwan independence" activities in all forms
China will make great efforts to maintain the peaceful development of relations across the Taiwan Strait and seek peaceful reunification of the nation.
He urged the U.S. to honor its commitment to the one-China policy, the principle of the three joint communiques, and safeguard peaceful development of cross-Strait ties and the overall interests of Sino-U.S. cooperation with actual deeds.
The Chinese president also voiced hopes the U.S. will honor its commitment in Tibet-related issues, and not support secessionist activities by "Tibet independence" forces.
China opposes any other country interfering in its internal affairs in the name of human rights issues, Xi continued. The country attaches great importance to the protection and promotion of human rights, and ensures its citizens' freedom of religious belief according to law.
The achievements of China's human rights cause are obvious to all, he said, adding China is willing to carry out dialogues and communication on human rights issues with other countries on the basis of equality and mutual respect.
Obama, meanwhile, said the U.S. opposes all attempts aimed at seeking "Taiwan independence," and reaffirmed that Tibet belongs to China.
He said the U.S. and China should make sure that both countries could carry out fruitful cooperation in fields with common interests, while working to control differences in spheres where disagreements remain, so as not to impact bilateral ties.
He said he is willing to work with President Xi in laying down a sound foundation for the future of U.S.-China ties.
REGIONAL ISSUES
Both sides exchanged views on other major international and regional issues.
They agreed the two countries share extensive common interests in the Asian-Pacific region, and should continue to reinforce communication and cooperation to properly manage and control differences.
They also agreed to reinforce coordination and cooperation on regional hot topics and global challenges to promote the proper resolution of related issues together with the international community and play positive roles in promoting world peace, stability and prosperity.
Talking on the South China Sea issue, Xi urged the U.S. to "play a constructive role" in maintaining peace and stability in the region.
He said China will continue to unswervingly safeguard its territorial sovereignty and maritime rights and interests in the South China Sea.
In the meantime, China will stick to peaceful settlement of disputes through consultation and negotiation with parties directly concerned, and safeguard peace and stability in the South China Sea along with ASEAN members, Xi said.
As to the Korean Peninsula nuclear issue, Xi said China has been committed to denuclearization on the Korean Peninsula, safeguarding peace and stability of the peninsula, and solving relevant issues through dialogue and consultation.
All parties should refrain from any act that could escalate regional tension and collectively make positive efforts to put the situation back on the right track.
He said China opposes the deployment of the anti-missile system of Terminal High Altitude Area Defense (THAAD) in the Republic of Korea, while asking the U.S. to respect China's strategic security interests.