Chinese President Hu Jintao met with US President Barack Obama last night on the sidelines of the 7th summit of the G20 in Los Cabos, Mexico. During the meeting, the two leaders discussed bilateral relations and major regional and global issues of common concern, Chinese news agency (Xinhua) reported. Over the past three months, working teams from both countries have carefully implemented the consensus reached between Chinese and US leaders and made new progress in building a cooperative partnership, Chinese President Hu said. A sound, stable and fruitful China-US relationship is in the fundamental interests of the two countries and also conducive to the regional and world peace and development, he said. China is willing to work together with the United States to firmly stick to the trend of jointly building a cooperative partnership, continuously boost mutual trust and cooperation, properly deal with differences and sensitive issues, and push forward bilateral ties in a sustainable, healthy and stable way, Hu added. Obama, for his part, said the two countries have made substantial progress in the development of their ties for the past three and a half years. The two sides have constructed a model for practical and active cooperation and carried out fruitful cooperation in world economy, bilateral trade and major international and regional issues, he said. It is not only in the interests of the two nations but the world at large, Obama added. The 7th summit of the G20 was convened in Los Cabos on Monday and Tuesday to focus on global growth and stability.