In a recent phone conversation initiated by U.S. President Joe Biden, Chinese President Xi Jinping engaged in a candid dialogue surrounding the state of China-U.S. relations. President Xi reflected on the progress made since their meeting in San Francisco, emphasizing the importance of a stable and sustainable relationship moving forward. He underscored the significance of strategic perception in guiding interactions between the two countries, stressing the need for mutual respect, peaceful coexistence, and cooperation for shared benefits.

President Xi outlined three fundamental principles to shape China-U.S. relations in the upcoming years, advocating for the prioritization of peace, stability, and credibility. He specifically highlighted the importance of refraining from actions that could jeopardize the overall stability of the relationship and called for a commitment to honoring mutual commitments with concrete actions. Additionally, President Xi reiterated China's stance on sensitive issues such as Taiwan, emphasizing the red line that must not be crossed in bilateral relations.

President Biden echoed the sentiment that the U.S.-China relationship holds immense global significance and noted the progress achieved since their previous meeting. He emphasized the U.S.'s commitment to avoiding a new Cold War, respecting China's system, and refraining from seeking conflict or decoupling with China. President Biden also expressed the U.S.'s adherence to the one-China policy and its interest in seeing China succeed on the international stage. Both leaders agreed to further dialogue and cooperation in various areas, with upcoming visits by U.S. officials to strengthen communication and collaboration between the two countries.