China ready to co-operate with US to boost bilateral ties: Xi Jinping

Chinese President Xi Jinping said that Beijing is prepared to collaborate with Washington in order to “properly manage differences,” support one another’s advancement, and strive for shared prosperity. He made this claim while citing the influence of US-China relations on global peace and development, according to a report released by the Chinese state media agency Xinhua on Wednesday.

According to Xi, “mutual respect, peaceful coexistence, and win-win cooperation” are the three guiding principles on which China is eager to collaborate with the US.

“As two major countries in the world, whether China and the United States can find a right path of state-to-state interactions bears on world peace and development, and the future of mankind,” Jinping said.

He added, “Based on the three principles of mutual respect, peaceful coexistence and win-win cooperation, China is willing to work with the US side to advance mutually beneficial cooperation, properly manage differences, and make joint efforts to tackle global challenges, contribute to each other’s progress, and push for common prosperity so as to deliver benefits to both countries and the whole world”.

Xi praised the National Committee on US-China Relations for its lengthy commitment to fostering exchanges and cooperation between the two nations in a number of fields in a congrats message delivered at the committee’s annual Gala Dinner, according to Xinhua.

He also complimented Henry Kissinger, a former US secretary of state, on receiving a prize at the gala.
The Chinese president expressed even more hope that the committee and friends from all walks of life will keep being concerned about and supportive of China-US relations and work to advance the healthy and steady development of bilateral relationships.

According to Xinhua, US President Joe Biden also extended congratulations at the committee’s Gala Dinner.
Notably, disagreements over technology, espionage, economic rivalry, and military might have heated up between the US and China. Several close military encounters in the Taiwan Strait and the South China Sea, a spy balloon incident in February, and current allegations that China has run a spy post in Cuba since at least 2019 are all examples of recent close military encounters.

Citing economic concerns, President Biden had earlier in August referred to Xi’s China as a “ticking time bomb” in a stinging attack on the country. Biden had even referred to Xi as a “dictator” in June.

Beijing condemned both of these statements.

Another significant move made by the Biden administration was to forbid the export of cutting-edge microchips and to restrict US involvement in China’s high-tech sectors.

In an attempt to strengthen ties with China, a number of US officials, including Treasury Secretary Janet Yellen, Secretary of State Antony Blinken, and Commerce Secretary Gina Raimondo, have visited China recently.

(With agency inputs)