"Xi Jinping's Meeting with American CEOs Signals Hope for Bilateral Relations"

Chinese President Xi Jinping addressed U.S. executives, expressing optimism for improved bilateral relations and pledging to enhance the business environment. Attendees included prominent figures such as Blackstone's CEO and Qualcomm's President. Discussions focused on concerns over trade, investment, and business confidence, with emphasis on the need for China to boost consumption in its economy. Xi highlighted China's sound economy and ongoing reforms, while urging both countries to follow economic and market rules and respect each other's development rights. The meeting comes amid efforts to stabilize and improve China-U.S. relations, with U.S. Treasury Secretary Janet Yellen planning to address concerns about Chinese manufacturing overcapacity during her upcoming trip to China.