China described the summit between President Xi Jinping and US President Donald Trump as a historic meeting that could give a new direction to the relationship between the world's two major powers. According to China, the two leaders agreed to establish "strategic stability-based constructive China-US relations". Chinese Foreign Minister Wang Yi said that the two leaders had an in-depth, candid and constructive conversation on key issues related to China-US relations and global peace and development.
Wang Yi said that the summit marked a new beginning for bilateral relations and showed that both countries were trying to find the right path to coordinate with each other. This was the first face-to-face meeting between Xi and Trump since the Busan meeting last October, and also the first visit to China by a US president in the past nine years. He said that both countries could be helpful to each other's success and promote global prosperity.
According to Wang Yi, Xi made the fundamental questions of China-US relations the focus of the meeting in the context of the future of the global system and increasing geopolitical tensions. He asked whether China and the US could establish a new model of major power relations by getting out of the Thucydides trap and whether the two countries could work together to address global challenges.
Wang Yi said that the most important achievement of the meeting was the agreement on a framework for strategic stability-based constructive relations for the next three years and beyond. He clarified that neither China nor the US could isolate or develop without the other, and that cooperation would benefit both while conflict would harm both. He emphasized that competition between the two powers should not become a zero-sum game.
During the meeting, agreements were also reached on expanding diplomacy, military contacts, trade, agriculture, public health, tourism, and people-to-people exchanges. The Taiwan issue was also prominent in the talks. Wang Yi said that this was the most sensitive issue in China-US relations. He warned that Taiwan independence and peace in the Taiwan Strait were like fire and water, which could not coexist. He urged the US to strictly adhere to the one-China principle and the three joint communiques.
The meeting also discussed global issues including the Middle East, Iran, and the Ukraine war. Xi said that the use of force could not solve problems and that dialogue was the only correct path. China supported the continuation of US-Iran talks and the early reopening of the Strait of Hormuz.
On the Ukraine conflict, both countries expressed their commitment to playing a constructive role in ending the war and promoting peace talks. On economic and trade issues, the two countries agreed to establish a "trade board" and an "investment board", resolve market access issues for agricultural products, and increase trade through tariff reductions.
During the meeting, senior executives from US technology and manufacturing companies also participated, and Xi assured them that China would open its doors even wider. Wang Yi confirmed that Xi had accepted Trump's invitation for a state visit to the US later this year.