TechFlow News, May 18: According to an official announcement by the White House (@WhiteHouse), U.S. President Trump is conducting a state visit to China this week—the first such visit since 2017—and has reached consensus with Chinese President Xi Jinping on multiple issues:
On economic and trade cooperation, both sides have established the U.S.-China Trade Commission and the U.S.-China Investment Commission as core mechanisms for bilateral economic relations. China has approved the preliminary purchase of 200 Boeing aircraft, pledged to buy at least $17 billion worth of U.S. agricultural products annually from 2026 to 2028, resumed imports of U.S. beef and poultry, and committed to resolving supply-chain issues concerning critical minerals such as rare earths.
On geopolitical matters, both sides agreed that Iran must not acquire nuclear weapons and reaffirmed their shared goal of denuclearizing the Korean Peninsula. President Xi has been invited to visit Washington this autumn, and the two countries will mutually support each other’s hosting of the G20 and APEC summits.
