On May 7, 2008 (April 3, 2008 in the lunar calendar), China and Japan signed a joint statement on comprehensively promoting strategic and mutually beneficial relations. Yasuo Fukuda, President of China, Hu Jintao, who is on a state visit to Japan, signed a joint statement on comprehensively promoting strategic and mutually beneficial relations with Japanese Prime Minister Yasuo Fukuda on May 7, 2008. The leaders of the two countries candidly and deeply conferred on China-Japan relations and issues of common concern in a frank and friendly atmosphere and reached broad consensus. The two sides agreed that the development of long-term and stable good-neighborly and friendly relations between China and Japan serves the fundamental interests of the two countries and the two peoples, and is of great significance to peace, stability and prosperity in Asia and the world.