Xi's upcoming US visit to chart course for bilateral ties

WIN-WIN COOPERATION

As China and the United States share broad common interests and vast potential for cooperation, Xi has emphasized the need to expand mutually beneficial cooperation, strengthen dialogue and consultation, and turn shared interests into concrete outcomes.

China-US economic ties are mutually beneficial and win-win in nature, Xi said in his meeting with Trump in May.

During his state visit to China, Trump was accompanied by top US executives, including Apple's Tim Cook, Nvidia's Jensen Huang and Tesla's Elon Musk, whom he called outstanding representatives from the US business community.

"China will only open its door wider," Xi said during the meeting with Trump. American companies are deeply involved in China's reform and opening-up, and the US side is welcome to enhance mutually beneficial cooperation, he added.

"As the world's two largest, most dynamic and most technologically advanced economies, it's just impossible for the US and Chinese economies to function as well without a strong and viable relationship with the other, so it's absolutely essential," said Stein.

Despite frictions and challenges, China-US trade has demonstrated strong resilience. In the second quarter of this year, bilateral trade in goods grew 13.7 percent year on year. As of July this year, US companies had established more than 84,000 enterprises in China.

"What has happened demonstrates yet again that the description of China-US cooperation benefiting both sides and confrontation hurting both sides reflects a common sense that has been repeatedly proven by experience, and the vision of China and the United States helping each other succeed and prosper together is a tangible prospect within reach," Xi said in a phone conversation with Trump in 2025.

This year marks the launch of China's 15th Five-Year Plan (2026-30) for economic and social development, and the 250th founding anniversary of the United States. As both countries enter pivotal stages of their respective development, new opportunities for cooperation are emerging.

In July, a delegation of Chinese business leaders traveled to Salt Lake City, Chicago and Washington, DC, where they met with representatives of more than 120 US companies and organizations. Their discussions underscored that the appetite for cooperation remains strong.

Across the US business community, there is growing recognition of the vast potential for Chinese and US companies to work together in cutting-edge fields, from green energy and the digital economy to artificial intelligence and biomedicine.

Kate Sullivan, executive director of the Greater Columbus Chinese Chamber of Commerce, pointed to Illuminate USA, a joint-venture solar panel manufacturer in Columbus, Ohio, as a success story of China-US cooperation.

"It is the epitome of advanced manufacturing in the state of Ohio, drawing on multiple strengths of Chinese manufacturing and supply chains," she said. "It makes sense for the United States and China to be in business together. It's not an emotional decision there. It's business. Supply and demand."

Looking ahead, business representatives also voiced expectations for a more stable environment for bilateral cooperation.

"We hope the two heads of state will maintain strategic communication, bringing greater stability, stronger confidence and a longer-term outlook to markets and businesses in both countries," said Wang Qi, chairman of the US-China Green Energy Council.