On July 3, 2023, Chinese Ambassador to the United States Xie Feng met with US Secretary of Treasury Janet L. Yellen. The two sides exchanged views on China-U.S. relations and multilateral and bilateral economic and financial issues of mutual interest.

Ambassador Xie Feng said that a sound and stable China-U.S. relationship is in the interests of both countries. It is also the shared expectation of the international community. China has always viewed and handled the relationship in accordance with the principles of mutual respect, peaceful coexistence and win-win cooperation put forward by President Xi Jinping. It is hoped that the U.S. side will work with China in the same direction, faithfully implement the important common understandings between the two Presidents, remove obstacles and manage differences with concrete actions, and enhance dialogue and conduct cooperation with good faith, so as to stabilize the China-U.S. relationship and bring it back to the right track. Ambassador Xie Feng raised China's main concerns in economic and trade areas, and required the U.S. side to take them seriously and take actions to resolve them.

Both sides viewed the meeting as candid and constructive, and agreed to maintain communication.