We must work together. We Americans know from our own experience that it is possible to grow an economy while improving the environment. We must do that together for ourselves and for the world.
Building on the work that our Vice President, Al Gore, has done previously with the Chinese government, President Jiang and I are working together on ways to bring American clean energy technology to help improve air quality and grow the Chinese economy at the same time.
But I will say this again -- this is not on my remarks -- your generation must do more about this. This is a huge challenge for you, for the American people and for the future of the world. And it must be addressed at the university level, because political leaders will never be willing to adopt environmental measures if they believe it will lead to large-scale unemployment or more poverty. The evidence is clear that does not have to happen. You will actually have more rapid economic growth and better paying jobs, leading to higher levels of education and technology if we do this in the proper way. But you and the university, communities in China, the United States and throughout the world will have to lead the way. (Applause.)
In the 21st century your generation must also lead the challenge of an international financial system that has no respect for national borders. When stock markets fall in Hong Kong or Jakarta, the effects are no longer local; they are global. The vibrant growth of your own economy is tied closely, therefore, to the restoration of stability and growth in the Asia Pacific region.
China has steadfastly shouldered its responsibilities to the region and the world in this latest financial crisis -- helping to prevent another cycle of dangerous devaluations. We must continue to work together to counter this threat to the global financial system and to the growth and prosperity which should be embracing all of this region.
In the 21st century, your generation will have a remarkable opportunity to bring together the talents of our scientists, doctors, engineers into a shared quest for progress. Already the breakthroughs we have achieved in our areas of joint cooperation -- in challenges from dealing with spina bifida to dealing with extreme weather conditions and earthquakes -- have proved what we can do together to change the lives of millions of people in China and the United States and around the world. Expanding our cooperation in science and technology can be one of our greatest gifts to the future.
In each of these vital areas that I have mentioned, we can clearly accomplish so much more by walking together rather than standing apart. That is why we should work to see that the productive relationship we now enjoy blossoms into a fuller partnership in the new century.
If that is to happen, it is very important that we understand each other better, that we understand both our common interest and our shared aspirations and our honest differences. I believe the kind of open, direct exchange that President Jiang and I had on Saturday at our press conference -- which I know many of you watched on television -- can both clarify and narrow our differences, and, more important, by allowing people to understand and debate and discuss these things can give a greater sense of confidence to our people that we can make a better future.
From the windows of the White House, where I live in Washington, D.C., the monument to our first President, George Washington, dominates the skyline. It is a very tall obelisk. But very near this large monument there is a small stone which contains these words: The United States neither established titles of nobility and royalty, nor created a hereditary system. State affairs are put to the vote of public opinion.
This created a new political situation, unprecedented from ancient times to the present. How wonderful it is. Those words were not written by an American. They were written by Xu Jiyu, governor of Fujian Province, inscribed as a gift from the government of China to our nation in 1853.
I am very grateful for that gift from China. It goes to the heart of who we are as a people -- the right to life, liberty, and the pursuit of happiness, the freedom to debate, to dissent, to associate, to worship without interference from the state. These are the ideals that were at the core of our founding over 220 years ago. These are the ideas that led us across our continent and onto the world stage. These are the ideals that Americans cherish today.
As I said in my press conference with President Ji
