our strategic relationship of mutual benefit in an all-round way and laid the general framework for the long-term, healthy and stable development of bilateral relations. We agreed that China and Japan should work together to increase strategic mutual trust, deepen mutually beneficial cooperation, expand people-to-people and cultural exchanges, promote the rejuvenation of Asia, tackle global challenges and advance our strategic relationship of mutual benefit. Let me share with you my observations in this regard.
First, increase strategic mutual trust. People become friends when they trust each other. Countries enjoy stable relations when they trust each other. China and Japan are both important countries in Asia and the world. We should appreciate and see each other's development in an objective and sensible way and regard each other as partners of win-win cooperation, not competitors in a zero-sum game. We should support each other's peaceful development and see each other's development as an opportunity, not a threat. We should respect each other's major concerns and core interests and resolve differences through dialogue and consultation.
Second, deepen mutually beneficial cooperation. As each other's most important trading partners, China and Japan should cherish the sound environment of business cooperation that has been nurtured over the years and make the most of their strong economic complementarity and enormous cooperation potential. We should strengthen cooperation in such key areas as energy conservation, environmental protection, finance, information and intellectual property rights protection to elevate our business cooperation to a new high and solidify the material basis of our bilateral relations.
Third, promote people-to-people and cultural exchanges. People-to-people exchanges serve as a bridge for the two peoples to deepen mutual understanding, while cultural exchanges provide a channel for the two peoples to enhance friendship. We should make persistent efforts in carrying out these exchanges and set up a long-term mechanism for youth exchange so as to strengthen the public support for a longstanding China-Japan friendship.
Fourth, promote Asian rejuvenation. Asian rejuvenation cannot be achieved without the cooperation and coordination of China and Japan. We are ready to work with Japan and other Asian countries to promote regional and sub-regional cooperation of various forms, enhance common security, uphold peace and stability in Northeast Asia, advance East Asia cooperation and the development of the East Asia community, and achieve our common development in the course of promoting Asian rejuvenation.
Fifth, work together to meet global challenges. We face increasing common challenges in today's world, including terrorism, climate change, energy security, food security, financial risks, severe natural disasters, major epidemics and the proliferation of weapons of mass destruction. These challenges affect all countries' development and stability, and require joint responses. China is ready to work with Japan to actively participate in the international cooperation in these fields, strengthen our capacity to manage these challenges through coordination and make joint contribution to the noble cause of peace and development of mankind.
Dear faculty members and students,
China-Japan friendship is the common cause of the two peoples and its growth requires the unremitting efforts of both sides. Through my extensive contact with the Japanese people, I have felt strongly the