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March 28, 2024

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Xi meets US delegation, voices hopes for better bilateral ties

Source: Xinhua | 00:00 UTC+8 March 28, 2024 | Print Edition

President Xi Jinping met with representatives of the US business, strategic and academic communities at the Great Hall of the People in Beijing yesterday.

Welcoming the Americans, he noted that the China-US relationship is one of the most important bilateral relationship in the world. Whether China and the United States have a cooperative or confrontational relationship bears on the well-being of the Chinese and American peoples and the future of humanity.

“The two countries’ respective success is an opportunity for each other. As long as both sides see each other as partners and show mutual respect, coexist in peace and cooperate for win-win results, China-US relations will get better,” Xi said.

This year marks the 45th anniversary of diplomatic relations between China and the US. The history of China-US ties is one of friendly exchanges between the two peoples. Its existing chapters are written by the people, and the future will of course be created by the people, Xi said.

“As a Chinese saying goes, doing good is as hard as an uphill climb, while a misstep may easily lead to a free fall,” the president said.

He expressed the hope that people from all sectors of Chinese and American societies will have more mutual visits and exchanges, expand common ground and mutual trust, overcome various distractions, and deepen mutually beneficial cooperation, in an effort to bring more tangible benefits to the two peoples and inject more stability into the world.

Xi listened attentively to his US guests and responded to their comments.

He pointed out that the Chinese economy is sound and sustainable. Last year, China registered one of the highest growth rates among the major economies and accounted for over 30 percent of global growth as before. This was due both to the hard work of the Chinese people and to international cooperation.

China has come to where it is today after overcoming all kinds of difficulties and challenges. China did not collapse as predicted by the “China collapse theory,” nor will it peak as forecast by the “China peak theory,” he insisted.

Xi recalled his oft-repeated saying that reform and opening up holds the key to contemporary China’s catching up with the times in great strides. China’s reform will not pause, and its opening up will not stop. He said China is implementing a series of major steps for comprehensively deepening reform, and steadily fostering a market-oriented, law-based and world-class business environment. This will create broader development space for US and other foreign businesses.

In their remarks, Evan Greenberg, chairman of the National Committee on US-China Relations; Stephen Schwarzman, chairman and CEO of Blackstone Group; Cristiano Amon, president and CEO of Qualcomm; Graham Allison, founding dean of Harvard’s John F Kennedy School of Government; and Craig Allen, president of the US-China Business Council, thanked President Xi for taking time to meet them. They noted that China’s exceptional economic growth and transformation over the past decades speak to its strong resilience and vitality.

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