SHANGHAI
\nChina said on Saturday it had agreed with the US on a $30 billion reciprocal tariff-reduction \u200barrangement and on launching a dialogue on AI, under an eight-point consensus reached \u200cduring President Xi Jinping\u2019s visit to Washington.
\nThe two sides have also agreed to set up a trade council and extend the outcomes of earlier talks in Kuala Lumpur, the Chinese Foreign Ministry said.
\nThe three-day summit between Xi and President Donald Trump, which ended on Friday, showcased personal diplomacy rather than \u200bbig public breakthroughs. Xi has since landed in Beijing, Chinese state news agency Xinhua reported on Saturday.
\n\u201cThis historic visit enriched the constructive and stable China-US relationship, upheld the overall stability of bilateral ties, opened a \u200bnew chapter in China-US relations, and will have a far-reaching impact on world peace and \u200bdevelopment,\u201d Chinese Foreign Minister Wang Yi said in a statement.<\/p>\n
DIALOGUE ON AI
\nOn artificial intelligence, the two sides \u200cagreed to hold a dialogue on the technology\u2019s risks and benefits, with the next round of discussions set for November, and to set up a communication channel for AI-related incidents, the Chinese Foreign Ministry said.
\nThe ministry also said in a separate statement that Beijing valued Washington\u2019s use of the term \u201csuper \u200bintelligence\u201d in place \u200bof \u201cartificial intelligence\u201d. As AI technology continues to advance, the two sides should step up exchanges and work toward consensus in line with new developments, it said.
\nThe \u200btwo sides also agreed to support each other in hosting the Asia-Pacific \u200bEconomic Cooperation leaders\u2019 meeting and the Group of 20 summit, with both leaders planning to attend the gatherings hosted by the other.
\nOn foreign policy, the leaders agreed that Iran should fulfil its commitment not to \u200bdevelop nuclear weapons, and that no country or entity \u200bshould impose transit tolls on international waterways, the ministry said.
\nThe U.S. Embassy in Beijing did not immediately respond to \u200ba Reuters request for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"
SHANGHAI China said on Saturday it had agreed with the US on a $30 billion reciprocal tariff-reduction \u200barrangement and on launching a dialogue on AI, under an eight-point consensus reached \u200cduring President Xi Jinping\u2019s visit to Washington. The two sides have also agreed to set up a trade council and extend the outcomes of earlier […]<\/p>\n","protected":false},"author":2,"featured_media":569262,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-569244","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"yoast_head":"\n