Eighteen months ago, we held our first telecommunications summit. It was a timely meeting.
China has one of the largest and fastest growing telecom markets in the world.
The United States produces some of the world's best and most sophisticated telecommunications and information technologies. So we brought together representatives of our private sector and our two governments. Today, we are here to continue the dialogue. I would like to use my time this morning to do two things. First, in America, it is a very good time to be in the information technology business.