On November 15, 2023 local time, President Xi Jinping and U.S. President Joe Biden held a summit meeting 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 and answered questions from the press.

When asked by a journalist whether the two sides discussed disagreements and sensitive issues and China's position and attitude on them, Wang Yi said President Xi Jinping emphasized that China is committed to having a stable, healthy and sustainable relationship with the United States. At the same time, China has legitimate interests that must be safeguarded, principles and positions that must be upheld, and red lines that must not be crossed. If the U.S. side is bent on encircling and containing China under the pretext of competition, China will firmly uphold its sovereignty, security and development interests.

The Taiwan question remains the most important and most sensitive issue in China-U.S. relations. President Xi Jinping elaborated on China's principled position on the issue. China urges the U.S. to honor the one-China principle, oppose "Taiwan independence", stop arming Taiwan, stop interfering in China's internal affairs, and support China's peaceful reunification.

President Xi Jinping also made clear China's position on issues related to economy, trade, and technology. He pointed out that attempts to curb or suppress China on economy, trade and technology are creating risks instead of "de-risking". These misguided actions, and the ensuing uncertainty for China-U.S. relations, have become the biggest risk. Stifling China's technological progress is nothing but a move to curb China's high-quality development and deprive the Chinese people of their right to development. China will not accept that and such a move will not succeed. China's development and growing strength, powered by strong internal drivers and its own inherent logic, will not be stopped by external forces. It is important that the U.S. side take China's concerns seriously, lift unilateral sanctions, and provide an equal, fair, and nondiscriminatory environment for Chinese businesses.