The United States is now "better positioned than any time before" to achieve its goals, Biden said.
The vice president made the comments in a speech Thursday at the Center for American Progress in Washington about the Obama administration's Asia-Pacific rebalancing policy. .
"When I was last in China, as I pointed out to the Chinese leadership, it's never, never, never, been a good bet to bet against America. The resiliency of the American people and the nature of our system -- America is back," Biden said.
The vice president said U.S. businesses have created 7.2 million jobs since President Obama took office.
"Manufacturing is back -- the biggest increase in manufacturing in nearly 20 years. And an awful lot of high-tech companies are looking to come home," Biden said.
The vice president paid tribute to American workers' "incredible" productivity and said they can be assured their intellectual property would be protected by a transparent court system that will enforce contracts.
Biden said the United States is producing more energy from all sources and that it now has more than enough natural gas to meet every energy need for the next 100 years at a much lower cost than is needed around the world.
The United States is the most innovative country in the world and one where people have a right to express their views, practice their religion, and decide their future, he said.
"These are universal values. They're not unique to Americans. I believe there is no Asian exception to the universal desire for freedom."
Biden said it would be "awful hard to be innovative where you can't breathe free."
"So, the president and I are going to continue to reach across the ocean, both east and west, particularly to the indispensable Pacific nations, to help us shape a prosperous future, for America, for their people and, I would argue, for the world."