Obama and Hu

President Obama met with Chinese President Hu Jintao today and “agreed to expand our cooperation on climate change, energy and [the] environment” among other issues, Hu told members of the press after their meeting.

“As the two largest consumers and producers of energy, there can be no solution to this challenge without the efforts of both China and the United States,” President Obama said. The leaders agreed to launch a joint U.S.-China clean energy research center, take actions to mitigate the impacts of climate change and to abide by any agreements that are reached at next month’s COP-15 conference in Copenhagen, a meeting of the conference of the parties to the U.N. Framework Convention on Climate Change (UNFCCC.)

The economy was also high on the leaders’ agenda. Hu said the two countries will continue to increase dialogue on financial policies and trade disagreements. They both spoke of the importance of the G20 as a body that can advance reforms of the international financial system.

“China’s partnership has proved critical in our effort to pull ourselves out of the worst recession in generations,” Obama said.