Author: Zhu Zhu, CGTN Reporter
——————————–
On November 15 local time, President Xi Jinping and U.S. President Joe Biden met at Filoli Estate, San Francisco. Despite facing various challenges, China and the U.S. are seeking to deepen their cooperation.
The summit between President Xi and President Biden presents a pivotal moment for both China and the United States to engage in meaningful discussions about strategic, global, and directional issues that have far-reaching implications for their relationship and the world at large.
President Xi’s emphasis on the principles of mutual respect, peaceful coexistence, and win-win cooperation underscores the fundamental elements necessary for maintaining stability and fostering genuine cooperation between the two nations. It is crucial for both countries to acknowledge that their economic interdependence far outweighs any competitive dynamics, and that their collaboration is essential for global stability and progress.
China does not shy away from competition, nor does it fear it. However, competition should be fair, reasonable, with boundaries and off-limits areas. It should not disregard the rules of the market economy and the basic principles of international relations, nor should it use core interests as tools of competition or means of provocation.
Competition should not define the China-US relationship. The complementarity of the Chinese and American economies far outweighs their competitiveness, and the essence of their economic and trade cooperation is mutual benefit and win-win results. The potential for collaboration between China and the United States is extensive, and it is imperative for both nations to transcend narrow perspectives of zero-sum competition and instead embrace a vision of shared success for humanity.
By prioritizing cooperation over competition and working towards shared objectives, China and the United States can set a powerful example for global collaboration, setting the stage for a more stable and prosperous future for all.
