China will open its market and expand imports based on its new round of reform and opening-up and the demand of the domestic market and the Chinese people, to ease related issues in economy and trade, the statement said.

Both sides agreed that joint efforts should be made to push bilateral trade and economic ties back onto a normal track as soon as possible to realize win-win cooperation.

Xi said that both China and the US should shoulder increasing responsibility for world peace and stability.

A good bilateral relationship is in line with the fundamental interests of the people of both countries, as well as the international community's common aspirations, the president added.

Cooperation is the best choice for China and the US, and both sides should push forward the long-term, sound and stable development of bilateral ties to better benefit people in both countries and the world, he said.

Xi and Trump agreed to maintain close contact with each other through various means and to exchange visits again at an appropriate time.