On October 28, 2023 local time, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi held talks with representatives of the U.S. business community and other sectors in Washington, D.C..

Wang Yi briefed on the context of his visit to the United States and recent communication between China and the United States, noting that the main theme of his visit is "returning to Bali" and "heading towards San Francisco". China is ready to work with the U.S. side to truly follow through on the important common understandings reached between the two heads of state, and take concrete actions to expand the positive agenda of bilateral relations and reduce the negative agenda. On this basis, both sides are to remove interference, overcome obstacles, and work together for a San Francisco meeting between the two heads of state.

Noting that with continuously improving business environment and increasingly rising degree of innovation, Wang Yi said that China is opening wider to the rest of the world. A series of major steps declared by President Xi Jinping at the third Belt and Road Forum for International Cooperation have brought important benefits to promoting international cooperation and strengthening China-U.S. economic and trade exchanges. China appreciates the U.S. business community for overcoming the difficulties of the ups and downs in China-U.S. relations and remaining steadfast in advancing the China-U.S. friendship. The driving force for mutually beneficial cooperation between China and the United States remains strong, the foundation remains solid, and the space remains broad. Wang Yi expressed the hope that the U.S. business community will seize the new opportunities from China's high-quality development and high-standard opening up, give full play to the role of economic and trade cooperation as the "ballast", foster public support and social foundation for friendly relations between the two countries, and make new contributions to the improvement and development of China-U.S. relations.

The participating representatives said that the gradual resumption of dialogue and exchanges at all levels between the U.S. and China is encouraging. The interests of the two sides are closely integrated and a strong U.S.-China relationship is crucial to the success of both countries. The U.S. business community attaches great importance to China's transition to high-quality development, has full confidence in the Chinese market, and supports the two governments in taking effective measures to facilitate personnel exchanges. They anticipated the expansion of cooperation on economy and trade, science and technology, innovation and climate change response, so as to bring more benefits to the people of both countries.

Wang Yi also briefed about the prospects of China's economic development and the positive measures the country has taken in areas including market access and protection of intellectual property rights.

The event was jointly hosted by the U.S.-China Business Council, the National Committee on United States-China Relations and the U.S Chamber of Commerce.