On October 30, 2025 local time, President Xi Jinping had a meeting with U.S. President Donald J. Trump in Busan, noting that under their joint guidance, China-U.S. relations have remained stable on the whole.
Xi stated: “China and the United States should be partners and friends. This is what history has taught us and what reality needs.” He acknowledged that given different national conditions, the two leading economies of the world may not always see eye to eye and that frictions are normal.
President Xi emphasized that in the face of winds, waves, and challenges, both leaders are at the helm of China-U.S. relations. They should “stay the right course, navigate through the complex landscape, and ensure the steady sailing forward of the giant ship of China-U.S. relations.”
“I am ready to continue working with you to build a solid foundation for China-U.S. relations and create a sound atmosphere for the development of both countries.”
Highlighting China’s Economic Resilience
Xi underscored the good momentum in China’s economic development. In the first three quarters of this year, China’s economy increased by 5.2 percent, and import and export trade in goods expanded by 4 percent, an accomplishment achieved despite domestic and external difficulties.
He likened the Chinese economy to a “vast ocean, big, resilient and promising,” expressing confidence and capability to navigate all kinds of risks and challenges.
Xi said that over the past seven decades, China has been focused on managing its own affairs well and improving itself, with “no intention to challenge or supplant anyone,” but rather to share development opportunities with all countries.
He confirmed that China will further deepen reform across the board, expand opening up, and advance well-rounded human development and common prosperity for all. This commitment, he noted, will also expand the space for cooperation between China and the United States.
Trade Consensus Reached
Xi noted that the two teams had an in-depth exchange of views on important economic and trade issues, and reached consensus on solving various issues. He urged them to finalize the follow-up steps quickly and ensure the common understandings are upheld to inject confidence into the global economy.
He stressed that the business relationship should continue to serve as the anchor and driving force for China-U.S. relations, not a stumbling block or a point of friction. The two sides must not fall into a vicious cycle of mutual retaliation and should continue talks in the spirit of equality and mutual benefit.
Xi stressed that dialogue is better than confrontation. He called on China and the U.S. to maintain communication at various levels to enhance mutual understanding.
He pointed to good potential for cooperation in areas such as combating illegal immigration and telecom fraud, anti-money laundering, artificial intelligence, and responding to infectious diseases. He also urged both nations to engage in positive interactions on regional and international platforms, jointly shouldering their responsibility as major countries.
Xi concluded by noting that China will host APEC next year, and the U.S. will host the G20 summit. He encouraged mutual support to ensure both summits achieve positive outcomes, contributing to global economic growth and improved global economic governance.
