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In a season of summitry, China seeks stabler major-country ties

Xinhua | Updated: 2026-05-29 16:10
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Staff members pose for a group photo to mark the 4 millionth vehicle produced here at Tesla's Gigafactory in Shanghai, East China, Dec 8, 2025. [Photo/Tesla's Gigafactory in Shanghai/Handout via Xinhua]

STRENGTHENING ECONOMIC LINKS

Xi has said that China has firm resolve in advancing Chinese modernization and the broad-mindedness to share development opportunities with the world through high-standard opening up, adding that China will inject confidence and momentum into global economic growth through its own development.

During his talks with Trump, Xi said China-US economic ties are mutually beneficial and win-win in nature. China and the United States have more common interests than differences, he noted.

The two presidents had in-depth discussions on China-US economic and trade ties, pointing the direction and providing safeguards for economic and trade cooperation between the two countries.

Business leaders traveling with Trump underscored the enduring appeal of the Chinese market. Trump told Xi that the world's top companies all want to come to China. Senior executives from companies including Qualcomm and Citigroup, who accompanied Trump on the visit, expressed strong interest in expanding cooperation with China, citing China's economic vitality and opportunities in its market.

Deepening cooperation was also a central theme of the China-Russia summit. Xi said China and Russia should deepen the alignment between China's 15th Five-Year Plan (2026-30) and Russia's development strategy through 2030, and enhance and upgrade mutually beneficial cooperation across various fields.

During his meeting with visiting German Chancellor Friedrich Merz in February, Xi said the two countries should be reliable partners that support each other, innovative partners that champion openness and win-win results, and partners that understand each other and share close bonds through cultural and people-to-people exchanges.

When meeting with visiting British Prime Minister Keir Starmer, Xi expressed the hope that the two countries can translate the promising potential of cooperation into remarkable accomplishments.

Putin arrived with a large delegation of officials and business executives, and the two sides signed dozens of bilateral agreements. China-Russia cooperation is expanding to deeper and higher levels, ranging from traditional areas such as trade and energy to emerging fields like the digital economy and artificial intelligence.

It is the people of related countries who feel the benefits of cooperation most directly and profoundly. More than 7,000 Chinese-funded companies operate in the United States, while about 80,000 US companies have invested in China; China-Russia trade has exceeded $200 billion for three consecutive years; and China-Europe cooperation now spans advanced manufacturing, green development, technology and consumer markets, giving both sides more channels to connect their industries and people.

Faced with a complex international environment, China has maintained a long-term outlook, kept its focus on shared interests, and worked to broaden channels for open and mutually beneficial cooperation.

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