On November 3, 2026, Chinese Ambassador to the United States Xie Feng delivered video remarks at the U.S.-China Business Council (USCBC) 2026 China Operations Conference and Reception.

Ambassador Xie highlighted the important outcomes and significance of the head-of-state diplomacy between China and the United States. Drawing on the three key words of “respect, fairness, and reciprocity” in the new vision for China-U.S. relations, he put forward three proposals for China-U.S. economic and trade cooperation: upholding mutual respect to enhance mutual trust and strengthen the foundation for China-U.S. economic and trade cooperation; championing fair competition to inject fresh vitality into China-U.S. economic and trade cooperation; and deepening mutually beneficial cooperation on the basis of reciprocity to broaden the scope for win-win China-U.S. economic and trade cooperation.

Ambassador Xie stressed while it is a fact that there is competition between China and the United States, such competition should be fair, rule-based, and with clear boundaries. As the saying goes, “Some days you win, some days you lose.” One should not decide the result in advance, and calling foul once they lose. He noted that only when the two sides build up mutual understanding, trust, and consensus through mutual respect can they keep expanding the list of cooperation while shortening the list of problems, and open up broader space for bilateral economic cooperation.

Ambassador Xie said that the successful convening of the Fifth Plenary Session of the 20th Central Committee of the Communist Party of China sent a positive signal to the world that China will keep its policy consistent and stable, and stay committed to high-quality development and high-standard opening-up. He expressed the hope that the U.S. business community would seize the new opportunities China offers, and further tap into the vast potential of its market. He encouraged them to sharpen their competitive edge in China's “fitness club”, inspire one another to achieve excellence in its dynamic “arena”, and ultimately share the “winner's podium” through win-win cooperation.

The reception dinner was held in Shanghai. Lu Shan, Vice Mayor of Shanghai, Ambassador David Perdue of the United States to China, and Sean Stein, President of USCBC, delivered remarks respectively. Representatives from various sectors in both countries, including local governments, businesses, think tanks, and the media, attended the event.