the gravity of issues before us and enlighten us, mr. vice premier, how you see this relationship moving forward from here. without welcome to this stage the vice- premier of china,. [applause] >> [speaking foreign language] . . clinton, as will be joining us in a while. secretary geithner, mr. liveris, and madame hills, all the ladies and gentlemen, friends today i am deeply honored to have this

opportunity to meet you tonight. [speaking in chinese] >> translator: and mr. liveris >> translator: and mr. liveris raised a question for@@@@@@@@@ that's a book written by mr. biewbin which has had a very major influence on me. and i agree with these points outlining in that book and through this book i came to know mr. rubin. people sometimes say a famous teacher must have smart students. and i just came to know that ?erkt secretary geithner is a student of mr. kissinger and mr. rubin. so that's the situation between

tutor and student. and that inspired me. so i'm thinking about teachers that i can name that are as great or as smart as mr. rubin and dr. kissinger. and i found one. found one, and this is when i was studying and northwest -- nw university in china there was an old professor in that university and he was very famous in geology. in 1920's and the university and

funded by the compensation by allied forces to the team to study the university of cornell, stanford university and university of chicago, all these universities he once studied there. ladies and gentlemen, you might know this person i'm talking about, because i don't know his -- i don't know his english name, but anyway, he is a great outstanding scientist, and how outstanding -- i can tell on the structure and conversation on earth there are five great schools of theory on the compensation structure on earth and the most popular school of the series was actually by the

man i mentioned. [speaking in chinese] >> translator: and he was the initiator on the most popular authoritative school on a theory on the structure of the shell of the earth. we were young and wanted to learn from him and asked him how come you had these scientific findings, which was popular and widely accepted across the world, and he told us how they came to find and he said has had a major influence on me all through these years. he said back in a time while studying and the u.s. after studying geology, i wanted to write a thesis.

i got everything ready, but for inspiration or in lightning. now everyone is struggling to the united states by airplane, but if i took an airplane then maybe i would not have been able to write this thesis at a time when traveled to the united states by boat, and it took more than one month to travel to the united states by a ship. those who do not have the experience of traveling by boat, you might think it's going to be a great experience, but for all this it was quite boring. and every day i was sitting on the deck -- i was sitting on the deck thinking about my visas except for the time for my sleep. i was thinking about knowledge i

have acquired, and my ideas on the composite structure of the shell of the earth. every day i was watching the way of this and the tides in the ocean. and all of a sudden it came upon me that why the waves were not moving directly up and down and on till the waves were moving in curves, and based on my knowledge on dynamics and related theory i came to realize everything in nature is moving in the most efficient way and the waves in the ocean, their patterns of movement from the perspective dynamic pherae that

was most cost-efficient and save energy. therefore, he thought the plan that must have been constructed in the most efficient way and the movement of the earth must also be of operated in this way so his theory was recognized by the world academic community and his theory was named as the way of movement construction theory and when i was at the university i studied history actually, so his theory inspired me and i thought the waves of history.

on the waves of history the historical process for mankind also taught understanding about the waves of history moving of ocean waves those who followed the trend of the waves and those who ran counter against them well fail or become losers. we should move in line with the direction of the waves of history. and my view it was opened up by mr. [inaudible] has been exactly moving in the direction of the historical weight why has it been so powerful comes from the fact

that mr. dongh was aware that the chinese people wanted peace and development. the chinese people want prosperity and cultural progress. actually, the whole world, the whole mankind and people across the world all want these peace and development prosperity and cultural progress. states mint, scholars, if they -- it can follow the trend of the historical rates, follow the trend we can succeed. mr. liveris talked about u.s.-china relationship. in my view, china and u.s. relationship is the reason why it has come so far today because

it has followed the trend of history and has moved an historical waves and that's what is needed by our peoples and that serves the common interest of our peoples. and that is because the man in both countries have come to appreciate that point. dr. kissinger is with us tonight dr. kissinger was one of the pioneers in normalizing the relationship between the two countries, and he was more lucky than most of the chinese people present tonight because he had the chance to meet the chairman, to meet premier chou which read

left deeply, and he had the opportunity to meet with mr. don shopping as well as president hu jintao. so he witnessed an experience from the whole process of china's reform and opening up how this policy has been advanced and how it has been implemented and how great changes have taken place in china, so dr. kissinger is an eye witness of china and most of the friends here tonight also witnessed parts and sections of china's reform and opening up the process including secretary geithner, who was riding a

bicycle and beijing in 1981, and including his father. on the internet people sometimes talk about my relationship sometimes basing on one of the kunkel secretary geithner. [laughter] because his father, peter, and was the chief representatives on the ford foundation in the 1940's -- 1980's in beijing. i talked to his father to apply for funding support from the ford foundation to support my research program, so we once had a working relationship. as people in china used to say if you have a working relationship then your children

will call each other [inaudible] [laughter] in my view, china u.s. relationship has followed the trend of the history, and it has come a long way. in just a few minutes, the senior diplomat from china, state council dai will give more authority of points and the china and u.s. relationship is his cup of tea. i am only a lehman. just now i told some of my experience and contacts with one of my professors and how he was

inspired and enlightened in his research and how his inspiration has been turned aspired me and i associate that with politics, history, china's modern history and history of china and u.s. relations. in doing so i've answered the question raised by mr. liveris. so in my view the trend of china into this relationship with this decided by the two people. it is decided by a common interest of the two people. the statesmen and friends in the countries can only follow this trend and they must follow this trend. [applause]

i almost forgot while tonight's dinner isn't free there is no free dinner in the world. after talking about this, i almost forgot i have another point to talk about which is very simple. there is tonight with efforts of secretary clinton the u.s. pavilion has accomplished its task of getting enough funding to have a u.s. pavilion and shanghai and the breaking ceremony has been established. some here have worked hard for that. some of to provide financial support and some of you provide good advice and me? next time i was talking about olympic games but now i am

chairman of the organizing committee and as the chairman of the organizing council, i thank all of you tonight for your care and support for the world expo. meanwhile, i now extend invitations to all of you >> more now from the u.s.-china business council. coming up, we'll hear from secretary of state clinton and former secretary of state henry kissinger.

>> if you could, ladies and gentlemen, please join me in welcoming back up to the podium, karla hill, the chairwoman on the national committee of u.s.-china relations. thank you. >> good evening, once again. you know it is my great pleasure to have the opportunity to introduce our 67th secretary of state, hillary rodham clinton, who took her oath of office on january 21, just one day after president obama's inauguration. day after president obama's inauguration. a graduate of wellesley college and a graduate of yale law

school, the secretary earned high accolades for her work while she was in the private sector. as a lawyer, a teacher, an organizer of private organizations and the author of two best sellers, and in the course of her career she has achieved an incredible number of firsts. including, as first lady of arkansas, first lady of the united states, the first, first woman to run for the u.s. senate and the first woman to be elected statewide in new york. her experience gained in the senate from her service on a variety of committees dealing with armed services, budget health and education and the environment, coupled with extensive travel have prepared her well for her current

position. the secretary has been quoted as saying that our relationship with china will be the most important bilateral relationship in the world in this century, and she has demonstrated her interest in building that relationship by traveling to china on her first overseas trip as secretary this past february. it was her suggestion to elevate the u.s. participation in the strategic portion of the u.s.-china dialogue to cabinet rank, and she has earned-- that we demonstrate that, in her words, the united states and china can productively work together not only were we have, bilateral concerns but to show leadership to the rest of the world. with the g-20, the apec and the

copenhagen meeting is approaching very fast, our two nations have a chance to do just that. madam secretary, you have a room full of people who wish you success in all of your endeavors and we look forward to your remarks. [applause] [applause] >> thank you so much carla and thanks for your leadership in this undertaking as well as so much else. it is wonderful to be here at the end of two very busy and productive days of the strategic and economic dialogue.

secretary geithner and i have were privileged two lead this effort and we were especially pleased that vice premier wang end state counselors dai where our counterparts. we believe that these very productive conversations have helped to lay the foundation for what both president obama and president hu called a positive, cooperative and comprehensive u.s.-chinese relationship for the 21st century. as part of this process, we are enlisting the full range of talent within our governance to tackle problems that spill over, not just borders and oceans but also traditional bureaucratic boundaries, which are sometimes the hardest to overcome, from climate change to trade and investment to poverty and disease. just as no nation today can

solve the challenges we face alone, neither can the government work in isolation. the issues are just too varied and complex for that. so, in gauging the expertise, the experience in the energy of those outside government, including the private sector and all of you here tonight, is vital to our future progress. i also am delighted that we are going to have very soon a new ambassador from the united states to china, governor huntsmen, who will soon be, maybe even confirm tonight, ambassador huntsmen is looking forward to working not only on behalf of our nation's policies but really representing the american people to the chinese people. we want the entrepreneurist and the innovators in both of our countries to know that we are behind their dreams and their

efforts. we want people who were working to solve problems in research labs and on the front lines of the innovation to know that we are looking to support their efforts. because we think public-private partnerships are a centerpiece of the important work that we are doing to build understanding and create new avenues of cooperation. now, i understand that fisa premiere wang said a few words to you about the shanghai expo, and i want to reinforce his message. the theme for the expo badders city, better life will present a vision of a sustainable, healthy and prosperous world and the 21st century. it is anticipated that more than 70 million people will visit and

more than 190 nations will participate. six months ago it was not clear that the united states would be one of those 190 nations. but, thanks to a number of you, we are on track to be able to do so and i salute vice premier wang for his leadership. he was at some of you know, the chair of the committee for the beijing olympics celeste that is any indication of his organizational acuity i think we can look forward to a successful shanghai expo. the u.s. national pavillion will be informative, intertek jean-- showcasing american ingenuity, looking at how we can address together the global challenges like climate change and clean energy, sustainable agriculture, mass transit, health and economic development. we are delighted that a number of leading american companies

such nsg e end pepsico, chevron, marriott and others have signed on to be part of putting together this visionary pavillion that will showcase much of what is best about our country. there is actually a model of the pavillion somewhere around here that i urge you to take a look at. this is shameless i know, but that is part of the job. [laughter] weave formally signed a participation contract. we have the u.s. commissioner general. my special representative for global partnerships, elizabeth bagley. ambassador badly is here. we have now raised more than half the funds needed to begin construction. i have told both the vice premier and a state councilor that if necessary, i will personally bill that.

[crying] so, we are on task as they say, and ambassador bagley along with her deputy, special representative crist are here tonight, obviously more than willing to answer any questions. i mention this at some length, because we feel very strongly that this partnership between china and the united states in the 21st century needs to be manifested in visible ways. secretary geithner at the conclusion of his discussions with the vice premier announced some very positive findings and commitments, the moving forward

on our economic recovery efforts, state councilor dai and i discussed literally every part of the world and have a very good understanding of how we can continue to work together. but, this is all about the future and i have told this story before but i want to end before i have the great privilege of introducing the next speaker. steak counselors dai and i had a wonderful, relaxing social dinner sunday night at the blair house, a very small dinner where we spent time just talking about everything and getting to know each other better. it wasn't about the business of two great countries trying to determine the best way forward for our people in the world, but it touched on what is important. and, what is important is that counselor dai had just had a new grandson and he told me with that wonderful smile that lights

up his face-- and we were thinking about the significance of what we were about to embark on for the last two days. i suggested that before every meeting, we bring pictures of our children and our grandchildren, because truly that is what this work is all about. that is what should guide us and inspire us and jason nuss with respect to the decisions we make, so that is going to certainly be a principal of participation and commitment that counselor die and i intend to pursue because this is part of a new beginning. it is the culmination of a process begun decades ago, when dr. kissinger was instrumental in opening the door to the possibility that then came into

fruition ten years later of normalized relations. we were so constantly thinking of henry kissinger over the last days getting ready for this, because his work, his courage, the risk that he took has led us in many ways to this evening. on a personal note let me say that, since taking this job, i have relied on the wise counsel of many of my predecessors and secretary kissinger has been among the most generous and thoughtful with his guidance and advice, so once again we are grateful that he is here with us tonight as we continue to work toward something that he saw on the horizon and convince the others that it was possible to see and move toward, a strong third u.s.-china relationship. please join me in welcoming former secretary, henry

kissinger. [applause] @@@@@@@@@ @ @ @ @ @ @ @ @ @ @ @ >> madam secretary, viem premiere wang qishan, state counselors, it is an extraordinarily moving occasion for me to be here nearly 40 years after the opening to china and to see a relationship that began with an attempt to deal with a common adversary, having

graduated and evolved to a point where the future of world order, future economies of our two societies and of the world, depend so crucially on the relationship between china and the united states. e relationship between china and the united states. this is the eighth american administration and the fourth generation of chinese leaders who have pursued a consistent policy that has brought us to this point. and, of course whenever a chinese delegation comes here, it contains so many things and so many individuals whose

experiences i have seen over the last decades, that this is a guarantee for our future. there could be no stronger chairman of this dialogue then secretary clinton and secretary geithner on our side, and i am confident that we are at the beginning of another extraordinarily creative year. vice premier qishan wang mentioned deng xiaoping and one of the most moving experiences in my life was one evening when deng xiaoping-- return to beijing in 1979 and explained to

me at a banquet what his plans were and what he understood. i mention that only because it was a very unusual approach and it brought us to this point because of the combination of courage and vision, which characterized him and then its successes. it is my privilege this evening to introduce state councilor binnguo dai. the most difficult problem of foreign policy is that one always has to act on assessments, which cannot be known when one makes them. i know nobody who has better

judgment, more thoughtful preparations, more patients and more commitment to the central importance of the china american relationship and state councilor binnguo dai i and many of the interlocutors have learned an enormous amount from him, and we know that under his guidance and that of vice premier, the chinese american delegations will begin to chart a future as a revolutionary as of their

great predecessor, deng xiaoping is in this spirit that i would like to ask the state councilor to address this group in expressing my great personal pleasure in welcoming him here. [applause] çguj8ñññt?fñsç=s> >> at this point in the program there were technical problems with the simultaneousious translation. our coverage continues after the problems were fixed. >> he is with us and he introduced me, and that was

dr. kissinger. . he, together with president nixon, open the p opened the doors between china and the united states and he's one of the older generations. he contributed greatly to the growth of china-u.s. relations. he's now in his 80's, but he's still traveling back and forth between china and the united states. still is traveling back and forth between china and the united states. it is fair to say that in my heart, he is an expert in diplomacy and international relations. he is a symbol of wisdom and he

is a living encyclopea of china-u.s. relations. no one knows better than he does of our bilateral relationship. it will be difficult to find another one, so i admire him, and i have learned a great deal from him. he said he has learned things from me, but i think i am flattered. i am humbled by his kind words whenever i come to the united states. when it is possible i will stop at new york and call on dr. kissinger. i cannot do that this time

because we are flying back to china. maybe next time i will go to new york to see dr. kissinger, and strategic dialogue in the 1970's , at that time were china and the united states started to grow their relations. dr. kissinger and the former premier and chairman mao spent more than ten hours and even 20 hours discussing our relations and i think this was the first high level, strategic dialogue between the two countries. we are now actually in a learning process. we are burning from them but at that time without strategic vision, without see the wisdom and courage it was not possible at all to open the doors of

china-u.s. relations and we will not have achieved so much in our relations, which have brought tremendous benefits to our two peoples, and we will not have such a gathering today with so many friends on both sides. maybe you will be greatly interested in knowing how to the dialogues go. i heard from president obama, which is the most authoritative and i also heard from secretary clinton, for her authoritative comments. a moment ago dr. kissinger and some other friends told me that the united states was satisfied as some say, very satisfied, by the dialogue and i think it is very successful indeed, and i am

satisfied. i don't know if premiere wang agrees with me. [applause] i think the dialogues touched upon broad issues, as i told you, the press. we talked about literally everything except for going to the moon end mars. we talked about everything in this world, but we don't have any hidden agenda behind the back of anyone else. it was barry in depth, a candid and productive. i think what has happened has proved and history will continue to prove that the decision made by our two presidents in london

to establish the china-u.s. strategic and economic dialogues was absolutely right and it will have far-reaching significance. of course, i also would like to say that the dialogue we are having now is a continuation and development of the previous strategic dialogues and strategic economic dialogues. of course we have our own creations, and in the past two days, i spent most of my time with secretary clinton. we had a lot of discussions and

we shook hands for numerous times, i lost track. this is our second meeting. our first meeting was back in beijing, a host dinner and the first thing i said to her was, you are more beautiful then i saw you on tv. this is absolutely sincere. [applause] and i also told her that in this world, she is the only one foreign secretary among the big countries, she has an extraordinary talents, wisdom

and perseverance. this is our second meeting, and as she said, we are already old friends. she said something very impressive. she said strategic mutual trust is not an abstract concept. that includes a relationship of neutral understanding, the trust, friendship and cooperation between officials of the two governments, the china and u.s. relationship is growing and is a great cause undertaken by all of us including our

president so it is extremely important to have a mutual understanding. you have taken note that yesterday president obama made a very important speech at the opening ceremony of the dialogues. he talked about the china-u.s. relationship. i read several times of his script, and i came to understand many new things. he said some in china think that america will try to contain china's ambitions and some in america think there is something

to fear in a rising china, and he takes a different feel. you can go back and read his speech. maybe you will ask, what are the chinese people thinking? deep down, are you biting your time and have some hidden agenda when you grow strong enough. you will probably contend for hegemony and try to replace the united states but i wish to tell you hear, i don't have the slightest suspicion or doubt. the only thing that generations and even generations of chinese people want to do and are thinking about is china's peace

and development. we seek harmony at home. we seek development at home and peace and cooperation in the world. we wish to work together with the united states and the rest of the world to build a harmonious world of lasting peace and prosperity. china does not have a history or tradition of expansion or hegemony. we have thousands of years and-- of political tradition of benevolence in peace. what we admire our values of seeking peace and harmony in this world and today's china does not claim leadership for supremacy or seek had gemini and this is china's basic national policy. we always honored our commitment.

we do not export of china's socialist system or development path. we respect the american people for your choice of your social system and development path. you can build your capitalism which american characteristics and we will build socialism with chinese characteristics. we will focus all our energy and resources on development and we are happy to see the united states continue to stay prosperous and developed. we are committed to a better and more economic and technical cooperation with the united states. our bilateral trade is now 300 billion u.s. dollars and will probably reach 3 trillion u.s. dollars in the future. we will not have the arms race with the united states. what is on top of our agenda to let our tim point-- are 1.3

chinese people have a better life, better clothes and better living conditions, we will not-- we are not willing to spend lots and lots of money on military expense, so i think the united states and the whole world should know clearly of china's strategic intention. it is predictable, transparent and well intended. the united states can deal with china and make friends with china reassured and we should not lose any sleep over china. you can completely rest assured. maybe someone is still not reassured. i am always truthful and

sincere. itm sincerely committed to the basic policy of the chinese government that it is seeking a lasting, sound and steady relationship with the united states. my predecessors, the older generation, also took part in this great cause then i heard a lot from him about the importance of china-u.s. relations. how do we continue and develop the good start we had since president obama came into office and how do we implement the characterization of the

china-u.s. relationship and translate this could wish into policies and actions and to bring china-u.s. relationships hizer, to a higher plane? how do we make this great cause of china-u.s. friendship more successful? i think we should have awareness is. first of all and awareness on the larger picture. weech i knees loved talking about large pictures. of course i think it is not easy to translated into a foreign language. i think generally it means as far as china relation, the u.s. relations are concerned we need to respect each other's core interests and maintain long-term bilateral relationships. just now secretary clinton talked about responsibilities

facing more and more severe global challenges, china and the united states should do our best and join hands to turn challenges into opportunities and promote stability and prosperity so that china and the united states and each and every of the households in this world can live under warm sunshine. third, an awareness of win-win progress. the globalized world should be important principle when we deal with other countries and conduct broad international cooperation. as i said, since we are all in a giant votes, hit by fears wind and huge waves, as we face, and challenges and share-- as our

destinies are interconnected, we need to work together to cross the stormy water together and to seek win-win results. as american friends, i think secretary clinton or secretary geithner wrote in their article that we need to row the boat together. now i wish to turn to thank my friends who have contributed to china and u.s. relations. they friendship groups and people are a strong force, pushing china and u.s. relations forward over difficulties and obstacles. at every. and achievement in china-u.s. relationship is a symbol of your commitment and effort and a new

historic era to seize new opportunities, we need your contribution and efforts. in china we say that fire burns brighter and high year when everybody contributes-- everybody ads would into it in greater things get done when everybody contributes to it and even a brighter future of china-u.s. relationships depends on the contribution of people from all walks of life. dr. kissinger said it is an innovative era so we need to build on the achievements in the three decades of the past, the achievements of our predecessors. we need to build together and even greater future of. finally, i wish to share with you a piece of happiness. why i told secretary clinton the

day before yesterday, that was one month ago today, i became a grandfather. and come up before that, someone told me that's life will be different when someone becomes a grandfather. i think that comes with a lot of responsibilities. whenever i hold my adorable little grandchild, i want to see her the day i left for america. whenever i looked at her. and innocence phase, i am thinking what kind of world show we leave to our children and grandchildren and what kind of teacher can we build for them? i believe all of you share the

same field that we hope that our children will leave, under and diseases. all of them cam breathed fresh air, and grew up happily and healthfully together under the sunshine. let us join hands, let people all of around the world to join hands to make our efforts, to make this dream come true and finally i would like to sincerely thank secretary clinton, secretary geithner and all the colleagues from the u.s. side who have participated, not participated but cared for and supported the dialogues. i salute your efforts and i appreciate your commitment. i also thank president obama

ends president hu jintao for the importance they place on the dialogues and their guidance and support. the next dialogues will be held in beijing. we welcome you, we welcome secretary clinton in secretary geithner end of my american friends to beijing. what we are worried is whether we can reciprocate such warm hospitality, such careful arrangements, but we will try our best.

finally, i wish to say, as long as we work together and keep firmly to our direction, we will build a better tomorrow for china and u.s. relations. thank you very much. [applause] >> councilor-- councilor dai that was an inspiring speech and we agree with >> thank you. you have persuaded this audience that you, too, are an outstanding public speaker and we're grateful for your remarks. let me say to all of you who have participated tonight thank you so much for being with us. i particularly want to thank the four leaders of the strategic and economic dialogue.

i would also like to wish our chinese visitors a safe journey home. and to get them started in the right direction, i would ask all of our guests to stay seated just for a few minutes so that our two guests, the vice premier and the delegation can leave together so they have an easy exit from our event. i thank you one and all. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2009] >> how is c-span funded? >> publicly funded. >> donations maybe? i have no idea. >> government?

>> through taxes. >> federal funding? >> sort of a public funding thing? >> maybe. i don't know. >> how is c-span funded? america's cable companies created c-span as a public service, a private business initiative. no government mandate, no government money. >> "washington journal" is next here on c-span. the u.s. house begins work on a $636 billion defense spending bill today. our gavel-to-gavel coverage begins at 10:00 a.m. eastern. .