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After the "special meeting", how will Sino-US economic and trade cooperation go?
On May 15, President Trump concluded his visit to China. During this China–U.S. presidential summit, economic and trade issues have attracted widespread global attention.
During the Sino US dollar talks, Chinese President Xi Jinping pointed out that the essence of Sino US economic and trade relations is mutual benefit and win-win results. In the face of differences and frictions, equal consultation is the only correct choice. On the consultations between the economic and trade teams of China and the United States in South Korea on the 13th, he said that "the overall balance and positive results have been reached". He also said that the two sides should work together to maintain the current good momentum that has not been easy to come. China’s door of opening-up will only open wider and wider. U.S. companies are deeply engaged in China’s reform and opening-up, and the Chinese side welcomes the United States in strengthening mutually beneficial cooperation with China.
Zhu Feng, dean of the School of International Relations of Nanjing University, analyzed in an interview with the Hong Kong China News Agency that this Sino-US summit meeting can form a new action plan for the future development of economic and trade relations between the two countries.
[Same Period] Zhu Feng, Dean of School of International Relations, Nanjing University
This time, the heads of state of China and the United States, on the basis of seven rounds of economic and trade consultations between China and the United States, continued the dialogue in South Korea, reflecting the sufficient investment and attention of the heads of state of China and the United States on economic and trade issues, so as to form a new action plan for the development of economic and trade relations in the future.
From the announcement of Trump's first term, China is the biggest strategic rival of the United States, especially after the four years of the Biden administration, which proposed to decouple and break the chain from China, what does it mean to decouple and break the chain? It is to completely cut off normal economic and trade exchanges with China, which will have a serious negative impact on the well-being of the two peoples and on the stability of the world economy.
On October 30 last year, General Secretary Xi and Trump held a summit meeting in Busan, South Korea. Trump announced at that time that the so-called trade war with China would be suspended for one year. Now, the economic and trade friction between China and the United States is far from being phased. There is a paragraph with an ending. Therefore, this time the leaders of the two countries have made economic and trade issues one of the core topics of the negotiations, and it is also to make the consensus reached at the China-US summit in Busan last year that this economic and trade issue can be shelved for the time being, so that it can be further accelerated into a new stage of normalization and regularization of economic and trade exchanges between China and the United States.
This time, 17 senior executives of American high-tech enterprises accompanied trump, which just shows how the US government defines the so-called Sino US economic and trade relations in terms of politics, strategy and security, or even tries to decouple and break the chain. However, the American business community and the scientific and technological community of the United States can jointly promote the common interests of the two countries in today's Sino US economic and trade relations, their awareness and judgment is indeed quite positive and input.
[Explanation]]
Wang Yong, a professor at the School of International Relations at Peking University and director of the Center for American Studies at Peking University, believes that the talks between the leaders of the two countries can create new opportunities for cooperation in the field of science and technology.
[Concurrent] Wang Yong, Professor, School of International Relations, Peking University, and Director, Center for American Studies, Peking University
The heavyweight American entrepreneurs accompanying Trump this time, like several important representatives of Silicon Valley, including people from Wall Street in the financial sector, including agriculture, etc., as well as aerospace, the signal released by the US government is a bit different from the past. China and the United States can still cooperate in the field of science and technology. China and the United States do not necessarily need to promote comprehensive decoupling. Promoting comprehensive decoupling is not good for both countries, nor is it good for the world. It does not conform to the principle of economic efficiency.
Huang Renxun's joining this time is symbolic. The United States hopes to cooperate moderately in high-end chips, including semiconductors. For them, only by occupying the Chinese market can they delay China's technological progress in the semiconductor industry, which is beneficial to the United States and guarantees its future funding sources for the development of new technologies. At the same time, it can maintain its leading position in China. Why not? I think this kind of thinking may be louder after Trump's visit to China, thus opening up some new opportunities for cooperation in the semiconductor industry.
This meeting between the heads of state of China and the United States should have some positive effects on future scientific and technological cooperation and the trend of future scientific and technological relations. The United States promotes the decoupling of China's science and technology, which actually damages the interests of China and the interests of the United States.
Therefore, I think this meeting between the leaders of the two countries will play a positive role in the direction of Sino-US scientific and technological relations in the next stage. Positive competition and cooperation will benefit both sides and the world. In particular, do not want competition between China and the United States, leading to the formation of two parallel scientific and technological systems in the world, competing with each other, but the relationship between them is less and less, there will be different standards, then it will split the global economy and global science and technology. It is hoped that the meeting between the leaders of the two countries and the agreement reached will solve such a problem and take a crucial step.
Reporter Wu Yifeng Wang Fengling Geng Yinxin Tu Yueqing reporting from Hong Kong
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- government approval 2026-04-17
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