 of the United States of America and His Excellency the Premier of the State Council of the People's Republic of China. Well, please sit down. And good morning. Thank you for joining us. We've been delighted with all that's been accomplished as a result of Premier Zhao's visit. His trip has solidified the goodwill between us and this morning we will sign two agreements that represent measurable steps forward in the relations between our countries. In China, the difference in time zones makes it almost tomorrow. Today, we signed two agreements aimed at making China's tomorrow as well as our own, a better day. The first is an extension of our agreement on cooperation in science and technology, cooperation between our two countries in the area of science and technology not only contributes to the scope of human knowledge and to China's own modernization, it also cements the ties between our governments and our peoples. The Joint Science and Technology Commission overseeing this part of our relations has done a tremendous job. Today's extension is a tribute to the successful and growing cooperation that we're already experiencing in this vital area. Assigning this first accord will be our science advisor, Dr. Jay Keyworth, and his counterpart, Mr. Xiaodang Wan. Good morning, everyone. We're very pleased with all the achievements that Premier Zhao's visit has achieved. Premier Zhao's visit has encouraged the friendship between the two countries. This morning, we're going to sign two agreements. These agreements represent the relationship between the two countries that has gained a significant progress. China and we have a difference in time, so the time in China is almost tomorrow. The agreement we signed today is to make China and ourselves a better tomorrow. The first agreement is to extend the efficiency of cooperation between the two countries in the area of science and technology, not only to help the knowledge of the people and the modernization of China, but also to promote the relationship between the two governments and the people. The joint committee of the Joint Science and Technology Commission of this part of our cooperation has done a tremendous job. Today's agreement is to support the cooperation between the two countries in this vital area, which has gained a significant progress. This agreement represents the friendship between the two countries. The joint committee of the Joint Science and Technology Commission of this part of our cooperation has done a tremendous job. The second one is to reach the level of scientific and technology integration. Today's agreement is to stop the cooperation between the two countries in the area of science and technology, not to support the cooperation between the two countries. The third one is to promote each other. Now we will talk about the two cooperation we signed today. I fully agree with President Reagan. The two agreements we are going to sign, with President Reagan. The two agreements we are going to sign, one of them is an extension of the existing agreement. They are a new one. The signing symbolizes that we should preserve what we have already achieved and open up new areas in our bilateral relations. It shows that there are broad vistas for the development of sign-on-yes relations. Let us continue our efforts to achieve new successes in our cooperation in the economic and technological fields. Thank you. And next, Premier Zhao and I will affix our signatures to an accord on industrial and technological cooperation. China is now engaged in a vast modernization program, and this agreement will encourage further cooperation between our countries. Especially in those industrial sectors on which China has placed top priority. America know how an investment should prove invaluable in these endeavors, and this accord will stimulate participation by our private sector in China. Premier Zhao, any business deal that makes sense is based on mutual benefit. By signing this document, we are helping ourselves by helping each other. That should be the basis of our friendship. And next, Premier Zhao and I will sign on the agreement on industrial and technological cooperation. China is now engaged in a vast modernization program. This agreement will encourage further cooperation between our two countries, especially in the industrial and technological projects in China. In these efforts, the U.S. will be able to make valuable contributions to the long-term and investment. This agreement will encourage the U.S. private sector to participate in China's construction. And next, Premier Zhao, any business deal that makes sense is based on mutual benefit. By signing this document, we are helping each other by helping each other. That should be the basis of our friendship. Well, ladies and gentlemen, I've come away from my working sessions with Premier Zhao more convinced than ever the importance of good U.S.-China relations. And more determined than ever to ensure that our relationship is placed on a stable and enduring footing. Our talks covered a broad spectrum of global and bilateral issues. China is a leading nation on the international scene, and I appreciated hearing directly from the Premier on his views. It was clear during our discussions that China and the United States agree on a number of questions and that the leaders of our two nations should come together regularly to compare notes. Even on matters of disagreement, the Premier and I were able to clarify our respective positions. Though our strategies sometimes converge and sometimes differ, our goals remain the same. We both are committed to peace and stability in the world so that we can concentrate our energies and resources on improving the well-being of our people. With respect to our bilateral relations, I think that Premier Zhao would agree that we've made considerable progress. Our economic cooperation, despite occasional problems, is healthy and holds enormous promise. Several months ago, we expanded the potential for the transfer of American technology to China. Our scientific and student exchanges are flourishing. Building on this positive trend are the two specific agreements that we signed here today. Our agreements and understandings underscore my conviction that a modern, economically developing and politically stable China is in the best interest of all peace-loving peoples. Nancy and I will journey to China in April. We were delighted to get to know Premier Zhao before our visit to his country and we now look forward. All the more to our trip, knowing that friends will be there to meet us. So let me wish Premier Zhao a happy continuation of his travels in the United States. I know that he'll be warmly welcomed everywhere. And I won't say goodbye, Mr. Premier. I will only and try to say correctly, Tsai-jen, which I'm told means see you again soon. Ladies and gentlemen, after I spoke with Mr. Zhao a few times, I believe that our relationship with the United States is more important than ever before. And I believe that the relationship between the two countries is more stable than ever before. Our talks include the global and bilateral issues. In international affairs, China is leading the country. I appreciate the direct view of Mr. Zhao. Through these talks, we clearly see that the two countries are in the same position on the issues of the two countries. The leaders of the two countries should meet often to exchange opinions. As for the issues of the two countries' disagreements, the Prime Minister and I can all clarify the position of the two countries. Although the two countries have the same intention on the strategy, our goals are still the same. The two countries are loyal to the peace and stability of the world, in order to improve our spirit and resources, and to use them to improve our people's happiness. In our bilateral relationship, we have achieved a lot of progress. I believe that Mr. Zhao will agree with me on this. The two countries' economic cooperation is still a healthy and hope-free issue. A few months ago, we expanded the potential of the U.S. to transfer technology to China. The two countries are working together on the development of science and education. The two agreements we signed today have strengthened the situation of this crisis. The two countries' agreement and agreement have strengthened my personal lack of confidence, and a modern, economic, political, and stable China is the biggest benefit for the peace and stability of the world. Nanshi and I will visit China in April. Before we visit the country, we are very happy to have the opportunity to meet with Mr. Zhao. I know that it is our friends who welcome us over there. We are more determined to visit the country. Now, I wish Mr. Zhao to continue to visit the country. I know that Mr. Zhao will be welcomed by the whole United States. Mr. Zhao, I don't want to say goodbye, but I will say goodbye. As I heard, the meaning of goodbye is to meet again. Mr. Zhao, the Chinese government is being brainwashed and the U.S. is trying to prove that the relationship between China and the U.S. is getting closer. Mr. President, the visit to the United States by the head of government of the People's Republic of China itself fully shows that there is some progress in China-U.S. relations. Since I set foot on your land, I've been deeply impressed by the American people's warm friendship for the Chinese people. I personally feel the American people want sign-on U.S. relations to develop, not to stand still, to advance, not to retrogress. Since I set foot on your land, I've been deeply impressed by the American people's warm friendship and retrogress. Therefore, I think there is indeed the basis for the amicable coexistence between China and the United States, and such a basis is very deep-rooted. My colleagues and I have held friendly, candid, and serious talks with the American President and other leaders of the American government. Through these talks, we enhanced our mutual understanding. It undoubtedly has been a great experience for the U.S. and its people. We enhanced our mutual understanding. It undoubtedly is useful to the promotion of the Sino-American relations on the road of steady development. Of course, much remains first to be done to really solve the outstanding problems between us and implement the cooperation we have already committed to. Mr. President, before I leave you, I should like to thank you once again for your gracious hospitality. I would also like to thank Mrs. Reagan. I know it was her thoughtful arrangement that made our stay in Washington so pleasant. Mr. President, I look forward to seeing you and Mrs. Reagan in Beijing this spring when it is warm and beautiful, so as to reciprocate your hospitality here. What is more important is that I look forward to more substantial content in our future talks in Beijing to continue on the talks we have already started in Washington. Then we'll be able to show to both the Chinese and American peoples how important these mutual visits are. Thank you.