The Chinese economy is healthy and sustainable, and China will consistently improve its business environment to provide broader development space for enterprises from various countries, including the United States, President Xi Jinping said on Wednesday,
China Daily reports.
He made the remarks during a meeting in Beijing with representatives from American business, strategic and academic communities.
China did not collapse as predicted by the "China collapse theory", nor will it peak as forecast by the "China peak theory", Xi told the US guests.
The meeting took place amid intensive meetings of senior Chinese officials with global business executives in the past weeks, and it is widely considered as a significant step China has taken to stabilize the expectations of foreign investors with regard to the Chinese market.
On China-US relations, Xi said that whether China and the US engage in cooperation or confrontation matters to the well-being of both peoples and the future of humanity. "The two countries' respective success presents an opportunity for each other. As long as both sides regard each other as partners, show mutual respect, coexist peacefully and pursue win-win cooperation, China-US relations can get better."
He talked about his meeting with US President Joe Biden in San Francisco in November, saying that the most important common understanding they reached was that China-US relations should stabilize and improve.
In line with the consensus reached by the two heads of state, working groups from both countries have maintained communications over the past months, and made progress in fields such as politics, diplomacy, the economy, trade, finance, law enforcement, anti-drug cooperation, climate change and people-to-people exchanges.
Under the current circumstances, the common interests of China and the US are not diminishing but are increasing, Xi said, citing traditional fields such as the economy, trade and agriculture, and emerging areas including climate change and artificial intelligence.
Promoting the recovery of the world economy and addressing international and regional issues all require China and the US to coordinate and cooperate with each other, he added.
Xi urged the US to establish the right strategic perception about China, handle sensitive issues properly and promote the sustained, stable and healthy development of China-US relations.
China-US relations cannot go back to the old days, but they can embrace a brighter future, he said, urging the US to meet China halfway to explore the right way to get along with each other for a sustained and stable relationship.
On the Chinese economy, the president said that the prospects for China's development are bright, and "we have confidence and determination about that".
