Xi urged the two countries to set up a cooperative priority list for early harvest, advance negotiations on the bilateral investment treaty, and explore the pragmatic cooperation in infrastructure construction and energy, among other areas.
He also said the two sides should properly handle sensitive issues, manage and control differences in a constructive manner, and strengthen communication and coordination in major international and regional affairs.
China and the United States should expand their cooperation in addressing global challenges, such as non-proliferation and the fight against cross-border crimes, Xi said.
For his part, Trump accepted the invitation for a state visit to China with pleasure, and hoped to make the trip at an early date.
The two heads of state also informed each other of their current priorities in domestic and diplomatic agenda, and exchanged views on regional hot-button issues.
A COURSE-CHARTING MEETING
Chinese Vice Foreign Minister Zheng Zeguang said on March 31 that under the current international circumstances, "the meeting will be of great significance to charting China-U.S. relationship in a new era, advancing the development of bilateral ties in a healthy and stable way from a new starting point, and promoting peace, stability and prosperity in the Asia-Pacific region and the world at large."
Also late last month, White House Press Secretary Sean Spicer said at a press briefing that Trump "looks forward to meeting with President Xi and exchanging views on each other's respective priorities, and to chart a way forward on a bilateral relationship between our two nations."
Since establishing diplomatic relations in 1979, the two countries have witnessed twists and turns in their relationship, but have nonetheless become highly interdependent with their interests getting increasingly intertwined.
China is now the largest trading partner of the United States. Last year, two-way trade reached 519.6 billion U.S. dollars. In comparison, the figure was 2.5 billion dollars in 1979.
Although they still have many differences and frictions, with trade and currency among the major thorny issues, the two sides have sought to properly manage them and expand common ground, as the world craves a healthy relationship between the two countries.
Joseph Nye, a renowned U.S. foreign policy expert, told Xinhua in an email interview that he is optimistic about China-U.S. relations for the long term.
"The U.S. and China will both compete and cooperate, but they have more gain from the cooperation dimension of the relationship," he said.