The White House has issued a statement regarding the agreements reached during the meeting between US President Donald Trump and Chinese President Xi Jinping, aimed at improving economic relations between the two countries.
elchi reports that the White House statement noted that during the US President’s first visit to China since 2017, President Donald Trump reached agreements on various issues with Chinese President Xi Jinping.
Providing information on the agreed topics, the statement said that the two leaders decided to establish US-China Trade and Investment Councils to improve economic relations.
The statement noted that the Trade Council will allow the US and Chinese governments to manage bilateral trade in non-sensitive goods, while the Investment Council will provide an intergovernmental platform for resolving investment-related issues.
The statement also noted that Trump has concluded negotiations on a comprehensive package of commitments that will encourage the creation of high-paying American jobs and open new markets for US goods, and provided details on these commitments.
China has confirmed the purchase of 200 American-made Boeing aircraft
The statement says that China will address US concerns regarding supply chain disruptions for rare earth elements and other critical minerals, as well as concerns regarding bans or restrictions on the sale of US rare earth production and processing equipment and technologies.
The statement notes that China has confirmed the purchase of 200 American-made Boeing aircraft on behalf of Chinese airlines, emphasizing that this will create high-paying and highly skilled jobs in the US manufacturing sector.
The statement also notes that in addition to commitments to purchase soybeans in October 2025, China will purchase at least $17 billion worth of US agricultural products annually in 2026, 2027, and 2028.
The statement notes that China has restored market access for US beef products and has also resumed imports of poultry from US states declared free of avian influenza.
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