Core Points - The meeting between Chinese President Xi Jinping and U.S. President Donald Trump is scheduled for October 30 in Busan, South Korea, to discuss U.S.-China relations and mutual concerns [1] - Recent U.S.-China trade negotiations in Kuala Lumpur resulted in a basic consensus on addressing mutual concerns, with both sides agreeing to further detail and domestic approval processes [1] Group 1: Economic Relations - The U.S.-China economic relationship is characterized as mutually beneficial, with trade volume increasing from under $2.5 billion in 1979 to nearly $688.3 billion in 2024 [2] - The stability of U.S.-China economic relations is crucial for global economic stability, as the two countries account for over 40% of the world's economy [2] - The interdependence in manufacturing and consumption between the U.S. and China is significant, with both countries playing vital roles in global supply chains [4] Group 2: Cooperation and Future Outlook - The importance of cooperation and mutual respect is emphasized, with a call for both nations to work towards common prosperity and global benefits [5] - The recent trade negotiations are seen as a step towards achieving substantial progress in U.S.-China economic cooperation, with expectations for the U.S. to reciprocate China's efforts [4] - The Chinese government has reiterated its commitment to high-level openness and cooperation, aiming to create a win-win situation for both countries [5]