Obama, Hu Meet with Business Leaders

President Obama and Chinese President Hu Jintao met with business leaders to discuss America's economic relationship with China.

The two presidents sat together at a long rectangular table. Obama said they had had excellent discussions, "But in order to deepen the relationship, it can't be just be government to government... And there has been no segment that has been more supportive than business segment."

President Obama also said another reason they held the meeting was to "make sure that we break out of the old stereotype that China is taking U.S. manufacturing jobs. Our relationship is deeper than that."

Obama said there needs to be a fair, level playing field for businesses to operate and compete.

President Hu touted what he called a 150-fold increase in U.S. imports to China over the last 30 years.

"If we look to the future, our trade cooperation has a bright future," he said.

Hu also welcomed American companies to China.

Here is a list of the U.S. business leaders in attendance:

- Steve Balmer, Microsoft
- Lloyd Blankfein, Goldman Sachs
- Greg Brown, Motorola
- Aris Candris, Westinghouse Electric
- John Chen, Sybase
- Jeff Immelt, General Electric
- Muhtar Kent, The Coca-Cola Company
- Ellen Kullman, Dupont
- Andrew Liveris, Dow
- Jim McNerney, Boeing
- Paul Otellini, Intel
- David Rubenstein, Carlyle Group
- John Thornton, HSBC
- Greg Page, Cargill