Xi Jinping gathering with US President

The president of the PRC Xi Jinping met on October 30 in Busan, South Korea, with US president Donald Trump.

Xi Jinping said at the meeting: under our joint leadership, Chinese-American relations stay broadly stable. China and the United States should be partners and friends – this is not only a message of past but besides a request of modernity. China and the United States disagree in national conditions, so any discrepancies are inevitable. As the 2 largest economies of the world, our countries can experience sporadic friction, which is simply a natural phenomenon.

In the face of storms and challenges – Xi said – me and president Trump, as helmsmen, should decently set the direction, control the full situation and keep the unchangeable course of the large ship of Chinese-American relations. The Chinese leader added that he was willing to proceed working with president Trump to strengthen the foundations of Chinese-American relations and make favourable improvement conditions for both countries.

The Chinese economy is developing at a good pace, its growth during the first 3 quarters of this year was 5.2%, which contributed to an increase of 4% in imports and exports of goods worldwide. This accomplishment was possible despite interior and external difficulties and was not easy to achieve. The Chinese economy is simply a vast ocean, large in scale, resilience and potential; we have both assurance and the ability to deal with different risks and challenges.

The 4th plenary session of the Central Committee of the Communist organization of China of the 20th word approved proposals for an economical and social improvement plan for the next 5 years. For over 70 years we have consistently implemented 1 coherent plan, continuing to work after the predecessors. We never effort to challenge anyone or replace anyone, but we focus on our own tasks, trying to become better and sharing improvement opportunities with all the countries of the world. This is the key to China's success. China will further deepen reforms and extend openness to the world, focusing on achieving an effective improvement in the quality and reasonable quantitative growth of its economy, as well as promoting the comprehensive improvement of people and shared prosperity, believing that this will besides contribute to the wider prospects of Chinese-American cooperation.

Xi Jinping recalled that a fewer days ago in Kuala Lumpur the trade teams of both countries conducted a fresh circular of consultations, reaching a fundamental agreement on key issues for both parties. Both sides should clarify and finalise the next steps as shortly as possible, keep and implement the consensus developed, providing concrete results that will bring “release” to the economies of China, the US and the world. economical and trade relations between China and the USA have late experienced a turmoil which has brought any conclusions to both parties. Economy and trade should proceed to be the foundation and engine of Chinese-American relations, not an obstacle or a point of conflict. Both sides should look long-term and focus on the benefits of cooperation alternatively than falling into the vicious ellipse of common retaliation. The teams of both parties may proceed to discuss on the basis of equality, respect and common benefit, continuously shortening the list of problems and extending the list of areas of cooperation.

Xi Jinping stressed that dialog is better than confrontation. We should keep contact and deepen knowing utilizing all channels and levels of communication between China and the US. There are promising prospects for cooperation between our countries in areas specified as combating illegal immigration and telecommunication fraud, countering money laundering, artificial intelligence and responding to infectious diseases. The applicable departments should step up dialog and exchange and cooperate mutually beneficially.

China and the United States should besides engage in affirmative regional and global interactions. The planet is facing many challenges today, and China and the United States can jointly show work for large countries and work together to implement more important, applicable and useful initiatives that benefit both countries and the world. China will host the APEC summit next year and the United States will host the G20 summit. Both sides can support each another to guarantee that both events deliver affirmative results, contributing to global economical growth and improving global economical governance.

President Trump said he was honored to meet with president Xi Jinping. China is simply a large country and president Xi Jinping is simply a respected large leader and my long-standing good friend; we get along very well. American-Chinese relations have always been good and will be even better in the future; I hope that China and the United States will be even more beautiful. China is the largest partner of the USA, both countries can accomplish a lot together in the world, and future American-Chinese cooperation will be more successful. China will organise the APEC summit in 2026, and the United States will organise the G20 summit, and we look forward to the success of both events.

Both leaders agreed to strengthen bilateral cooperation in areas specified as trade and energy and to advance cultural exchanges.

Xi Jinping and Trump agreed to keep regular contacts. Trump intends to visit China early next year and invites president Xi Jinping to visit the United States.