Xiplomacy: Cooperation a shared aspiration of Chinese, American people

Energetic Chinese economy

China maintains that the common interests of the two countries far outweigh their differences, and the respective success of China and the United States is an opportunity, rather than a challenge, to each other, Xi said while meeting with the bipartisan delegation of the US Senate led by Majority Leader Chuck Schumer on Oct 9.

At present, the global economy is facing an increase of destabilizing and unpredictable factors. In the face of a complex external environment, the Chinese economy has withstood pressure, injecting certainty into global development.

Signing deals worth 4 million dollars in the first few days of the CIIE, US trading company Anderson Northwest's business continues to expand in China.

China's market is stable, which provides a large room for cooperation, said Mike Anderson, president of Anderson Northwest. "Partnering with Chinese enterprises reduces potential risks we may face amid global uncertainties."

Anderson Northwest's story exemplifies how US businesses were seizing opportunities at the CIIE, in stark contrast to the clamor for so-called "decoupling" or "de-risking" from China made by some US politicians.

Heads of leading US companies have visited China intensively, demonstrating with concrete actions their confidence in China's business environment.

"It is really not wise to consider wholesale decoupling (with China), for which we will pay a very high economic price over time," said Craig Allen, president of the US-China Business Council, adding that enhanced China-US cooperation benefits people of both sides.

The current global industrial chain and supply chain are facing new changes and challenges, and it is necessary to find new ways to strengthen mutual trust, said Lyle Watters, vice president of Ford Motor Company.

Face-to-face communication can enhance mutual trust and help everyone find cooperation opportunities together, Watters said.