01/19/2011 10:46 am ET Updated May 25, 2011

Hu Jintao U.S. Visit (PHOTOS): Obama Touts U.S.-China Relations

WASHINGTON (AP) - President Barack Obama says a state visit by Chinese President Hu Jintao (hoo jihn-tow) is laying the foundation for deeper prosperity between their two nations. (Scroll down for photos of Hu Jintao's arrival)

Said Obama: "We have an enormous stake in each other's success."

Obama said the relationship between the countries has prospered over the last three decades. Standing next to Hu at a grand arrival ceremony on the South Lawn, Obama also pushed for respect for the universal rights of every human being. China's record on human rights has been a source of huge division with the United States. Hu was at the White House for a day of meetings on security, trade, economic and other matters. He was also being treated to a lavish state dinner.