Business In Jobs

Thank you very much for that warm welcome President Cheng. It's a pleasure to be here in Shenyang today. I want to thank Liaoning University for inviting me to talk to you. It is my first trip to northeastern China, and I am pleased to see that so many young people like yourselves are interested in the economic relationship between the United States and China. It's clearly an extremely important one, and we all have to take great care to ensure that it remains a successful partnership.

In my brief time here, I have observed that the city of Shenyang and Liaoning Province are places of many contrasts. There is great development and change underway, which, for example, take advantage of the deep water port in Dalian, and the work ethic of your industrial base. At the same time you bear heavy economic revitalization and environmental challenges, like many U.S. cities in the northern and eastern parts of the United States. Our countries are both large, and therefore have many experiences worthy of sharing on dealing with different challenges simultaneously. The good news is that our societies are creative, vibrant and energetic. Like the Nike slogan - we "Just Do It."

I am truly pleased and honored to have this opportunity to speak to such a distinguished group of students and scholars. Among you are future leaders of government, academia and industry. Often, when I visit Beijing, I have had the pleasure to meet with the former mayor of Dalian and your former provincial governor, now Minister of Commerce Bo Xilai. He has indicated that he is ready to work with the United States to resolve some of the trade problems that crop up between our two countries. And he demonstrated his personal commitment to the multilateral trading system by hosting a WTO ministerial meeting in Dalian last year at which he played an important role in pressing for the elimination of agricultural export subsidies.

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