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If we truly want to achieve lasting economic growth, we need our businesses to do more business - and we need them to do it in America.

Our economy is creating jobs and giving businesses the conditions they need to invest and succeed.

We have accepted there is a big role for government to create a framework where businesses can grow in all parts of the country.

This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.

Markets can do many wonderful things, which is why I'm glad to live in a capitalist country.

We have to make America the best place in the world to do business.

We need banks and financiers and entrepreneurs to take risks because that's how economies grow over time.

Businesses are not just local or even national anymore - good ideas are immediately global. So the market opportunities are much larger than we've ever imagined or seen.

There is no question of the benefits that opening a market of a billion people will bring to American businesses. But as I said last year, this will test China and the world trade system.