President Barack Obama called Chinese President Xi Jinping Thursday to congratulate him on his new position and to discuss the future of the U.S.-China relationship.

Obama spoke about North Korea's nuclear and missile programs and the need for close coordination with China to ensure North Korea meets its denuclearization commitments. He talked about trade and investment opportunities and the protection of intellectual property rights, including hacking. 

"The president underscored his firm commitment to increasing practical cooperation to address Asia’s and the world’s most pressing economic and security challenges," according to the White House.

Treasury Secretary Jacob Lew will visit China next week. Secretary of State John Kerry will travel to Beijing in the coming weeks as part of his upcoming trip to Asia.

White House spokesman Jay Carney declined to release additional information about the call or whether the two leaders spoke about visiting each other's countries.