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rime robs people of billions of dollars every year and undermines trust in government. America knows all about the devastation and despair that drugs can bring to schools and neighborhoods. With borders on more than a dozen countries, China has bee a crossroad for smugglers of all kinds. Last year, President Jiang and I asked senior Chinese and American law enforcement officials to step up our cooperation against these predators, to stop money from being laundered, to stop aliens from being cruelly smuggled, to stop currencies from being undermined by counterfeiting. Just this month, our drug enforcement agency opened an office in Beijing, and soon Chinese counternarcotics experts will be working out of Washington. In the 21st century, your generation must make it your mission to ensure that today39。s progress does not e at tomorrow39。s expense. China39。s remarkable growth in the last two decades has e with a toxic cost, pollutants that foul the water you drink and the air you breathe the cost is not only environmental, it is also serious in terms of the health consequences of your people and in terms of the drag on economic growth. Environmental problems are also increasingly global as well as national. For example, in the near future, if present energy use patterns persist, China will overtake the United States as the world39。s largest emitter of greenhouse gases, the gases which are the principal cause of global warming. If the nations of the world do not reduce the gases which are causing global warming, sometime in the next century there is a serious risk of dramatic changes in climate which will change the way we live and the way we work, which could literally bury some island nations under mountains of water and undermine the economic and social fabric of nations. We must work together. We Americans know from our own experience that it is possible to grow an economy while improving the environment. We must do that together for ourselves and for the world. Building on the work that our Vice President, Al Gore, has done previously with the Chinese government, President Jiang and I are working together on ways to bring American clean energy technology to help improve air quality and grow the Chinese economy at the same time. But I will say this again this is not on my remarks your generation must do more about this. This is a huge challenge for you, for the American people and for the future of the world. And it must be addressed at the university level, because political leaders will never be willing to adopt environmental measures if they believe it will lead to largescale unemployment or more poverty. The evidence is clear that does not have to happen. You will actually have more rapid economic growth and better paying jobs, leading to higher levels of education and technology if we do this in the proper way. But you and the university, munities in China, the United States and throughout the world will have to lead the way. (Applause.) In the 21st century your generation must also lead the challenge of an international financial system that has no respect for national borders. When stock markets fall in Hong Kong or Jakarta, the effects are no longer local。 they are global. The vibrant growth of your own economy is tied closely, therefore, to the restoration of stability and growth in the Asia Pacific region. China has steadfastly shouldered its responsibilities to the region and the world in this latest financial crisis helping to prevent another cycle of dangerous devaluations. We must continue to work together to counter this threat to the global financial system and to the growth and prosperity which should be embracing all of this region. In the 21st century, your generation will have a remarkable opportunity to bring together the talents of our scientists, doctors, engineers into a shared quest for progress. Already the breakthroughs we have achieved in our areas of joint cooperation in challenges from dealing with spina bifida to dealing with extreme weather conditions and earthquakes have proved what we can do together to change