Hu Jintao, Obama speak by phone

President Hu Jintao has spoken with his US counterpart Barack Obama by phone. Bilateral relations and nuclear security were the highlights.

Hu Jintao told Barack Obama China wants to work with the US to develop healthy relations. He said properly handling the Taiwan and Tibet issues, which concern China's sovereignty and territorial integrity and represent China's core interest, is key.

Obama agreed that positive, cooperative and comprehensive relations are important for both countries and the world. He reaffirmed the US adherence to the One-China policy.

As for trade ties, Hu Jintao says uncertainties still remain in the global economic recovery. So healthy and stable bilateral economic and trade relations serve the interests of both countries. He hopes they can settle trade disputes through dialogue and consultation.

Obama says his country understands the challenges that China is facing in its economic development. He says the two countries should continue to address each other's concerns, and achieve the global economic recovery and balanced development.

Obama also welcomed Hu Jintao's participation in the upcoming Nuclear Security Summit in Washington. President Hu Jintao says China opposes nuclear proliferation and nuclear terrorism, and supports international efforts to enhance cooperation on nuclear security.