Xi Jinping Holds Meeting with U.S. President Trump in Busan
October 30, 2025, 14:22
On October 30, 2025 local time, President Xi Jinping met with U.S. President Donald Trump in Busan.
Xi Jinping pointed out that under our joint leadership, China-U.S. relations have remained generally stable. The lesson of history and the current reality both show that the two countries should be partners and friends. Due to different national circumstances, some disagreements are inevitable. As the world’s two largest economies, occasional friction is normal. In the face of challenges and turbulence, the heads of state of both countries are like the helmsmen, and should set the right course and keep the overall situation in hand, so that the great ship of China-U.S. relations can move forward steadily. I am willing to continue working together with President Trump to lay a solid foundation for China-U.S. relations and create a favorable environment for the development of both countries.
Xi emphasized that China's economic momentum is quite good, with a growth rate of 5.2% in the first three quarters of this year and a 4% increase in global goods trade imports and exports. These achievements were hard-won in overcoming internal and external difficulties. China's economy is like a vast ocean—large in scale, resilient, and full of potential. We are confident and capable of handling all kinds of risks and challenges. The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China has reviewed and adopted recommendations for the country's economic and social development plan for the next five years. For more than 70 years, we have consistently pursued one blueprint and continued to work generation after generation, never wanting to challenge or replace anyone, but rather focusing on doing our own things well, becoming a better version of ourselves, and sharing development opportunities with the world. This is an important key to China's success. China will further advance comprehensive reforms and expand opening up, work to promote steady qualitative and reasonable quantitative growth of the economy, promote all-round human development and common prosperity for all, and I believe this will also create broader space for China-U.S. cooperation.
Xi Jinping pointed out that the economic and trade teams of both countries have conducted in-depth exchanges on major economic and trade issues and have reached a consensus on problem solving. Both teams should quickly specify and finalize the follow-up work to properly maintain and implement the consensus, and achieve tangible results to give reassurance to the Chinese and American people as well as the world economy. Recent ups and downs in China-U.S. economic and trade relations have also brought some lessons to both sides. Economic and trade ties should continue to be the ballast and engine for China-U.S. relations, rather than being stumbling blocks or points of conflict. Both sides should look at the bigger picture and focus more on the long-term benefits of cooperation, rather than falling into a vicious cycle of tit-for-tat retaliation. Both teams can continue talks in the spirit of equality, respect, and mutual benefit, continually reducing the list of problems and expanding the list of cooperation.
Xi stressed that dialogue is better than confrontation. Channels and levels of communication between China and the United States should be maintained to enhance mutual understanding. The two countries have promising prospects for cooperation in such areas as combating illegal immigration and telecom fraud, anti-money laundering, artificial intelligence, and addressing infectious diseases. Relevant departments should strengthen dialogue and exchanges to carry out mutually beneficial cooperation. China and the United States should also interact constructively on both regional and international stages. There are still many challenges in today’s world, and China and the United States can act as major powers with responsibility, joining hands to do more for the benefit of both countries and the world. Next year, China will host the Asia-Pacific Economic Cooperation (APEC) and the United States will host the G20 summit. Both sides can support each other to ensure both summits achieve positive results and contribute to global economic growth and improved global economic governance.
Trump stated that it is a great honor to meet with President Xi. China is a great country, and President Xi is a highly respected, great leader, as well as my good friend of many years; we have enjoyed a very pleasant relationship. U.S.-China relations have always been good and will be even better in the future. I hope for an even better future for both China and the United States. China is America’s largest partner, and working together, the two countries can accomplish a lot in the world. Future U.S.-China cooperation will yield even greater achievements. China will host the 2026 APEC Informal Leaders’ Meeting, and the United States will host the G20 summit. I am pleased to see both sides succeed.
The two heads of state agreed to strengthen cooperation in economic, trade, energy, and other fields, and to promote people-to-people exchanges.
The two leaders agreed to maintain regular contact. Trump looks forward to visiting China early next year, and invited President Xi to visit the United States.
Cai Qi, Wang Yi, He Lifeng, and others attended the meeting.