On November 15, 2023 local time, President Xi Jinping and U.S. President Joe Biden held a summit meeting at the Filoli Estate in San Francisco, the United States. After the meeting concluded, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi gave a readout on the meeting to the press upon request.

Wang Yi said, in an atmosphere of mutual respect, the two heads of state had an exchange of views on strategic and overarching issues critical to the direction of China-U.S. relations and on major issues affecting world peace and development. President Xi Jinping gave a comprehensive and authoritative presentation on China's position on stabilizing and improving China-U.S. relations. The most important points are as follows:

First, making the right choice for history. Are China and the United States partners or rivals? Should they engage in mutually beneficial cooperation or antagonism and confrontation? This is a fundamental question on which disastrous mistakes must be avoided. President Xi Jinping pointed out that history is the best textbook and reality is the best antidote. We hope the two countries could be partners that proactively advance a cooperative agenda in areas where their interests converge and engage in positive interactions in international and multilateral fora. This will open up a bright future for China-U.S. relations.

Second, finding the right way to get along. President Xi Jinping pointed out that despite their different histories, cultures and social systems, it is not an option for China and the United States to turn their back on each other; it is unrealistic for one side to remodel the other; and conflict and confrontation has unbearable consequences for both sides. The right approach is to respect each other, coexist in peace and pursue win-win cooperation. These three principles are important lessons learned from 50 years of China-U.S. relations as well as the history of major-country conflict and confrontation. China and the United States should put in a lot of efforts to follow the three principles.

Third, fostering a San Francisco vision for the relations. President Xi Jinping, speaking from his vantage point, pointed out that the two countries should jointly develop a right perception, jointly manage disagreements effectively, jointly advance mutually beneficial cooperation, jointly shoulder responsibilities as major countries, and jointly promote people-to-people exchanges. Through joint efforts in these five areas, five pillars can be put in place for China-U.S. relations to grow steadily and a new vision is fostered for China-U.S. relations going into the future.