China, US reach consensus on fighting cyber crimes: Xi

For his part, Xi said that the two great economic powers had agreed to cooperate in the face of global challenges.

However, a less charitable interpretation of the new security agreement would be that China believes hackers in the country could evade detection well enough to prevent investigations from working out.

The two countries will overcome their differences and achieve more results in cooperation as long as they speak frankly and sincerely and seek common ground, he added.

President Obama, are you satisfied enough about the steps that China is taking to hold off on imposing any new sanctions to this end? (Ironically, the Chinese government has been documenting its President’s visit in a widely regularly updated Facebook page that no one in China can access.) Companies and institutions, from University of Washington to Boeing and Microsoft announced a plethora of deals with Chinese institutions and corporations that suggest robust economic and people-to-people connections.

Langevin’s co-chairman, House Homeland Security Chairman Mike McCaul, said the United States needs to “make it clear there are consequences” for hacks on US government and businesses.

The US and China agreed Friday not to hack into companies to steal their sensitive trade secrets.

However, officials said the deal does not cover such traditional espionage by cyber means.

However, Obama also emphasized that the two leaders still have broad disagreement over how to stem the tide of Chinese cyberthefts, and over America’s potential cyber-response.

“Relevant construction activity that China is undertaking in the Nansha Islands does not target or impact any country and there is no intention to militarize”, Xi said, using the Chinese name for the disputed Spratly archipelago. Obama faced criticism from some Republicans for honoring China with a state visit given the cyber concerns, as well as US worries about Beijing’s human rights abuses and assertive posture in territorial disputes in the East and South China Seas.

“The United States will continue to sail, fly and operate anywhere that worldwide law allows”, Mr. Obama said, although so far he has resisted calls from senior U.S. military commanders to send warships and warplanes inside the 12-mile limits China claims surrounding its artificial islands.

On human rights, another sore spot between the nations, Obama said the two had a “frank discussion”.

Earlier in a written interview to The Wall Street Journal, Xi said it is natural for China and the U.S. to have some differences, even family members don’t always see eye to eye with each other.

A joint statement listed a series of measures taken to flesh out their pledge, made past year, to work to reduce emissions.

The USA and China have reached an agreement to solve their cyber issues, with both nations committing to making efforts to curb economic cyberespionage.

Guests were treated to the musical talents of R&B singer Ne-Yo, before the President of the United States gave a short speech finishing with a toast to the people of China.

The White House’s concerns over China’s cyberattacks in the US had caused particular strain ahead of Xi’s visit. President Xi stressed China is committed to improving the marketized Renminbi exchange information system and maintaining the basic stability of the Chinese currency.