Xu Chen, president and CEO of Bank of China USA,?shared his perspectives on how to?promote a more peaceful, stable and prosperous global community?during a Vision China event in New York on Tuesday.

He said that while his bank acts on corporate social responsibility by engaging in poverty relief projects in China and helping low-income local communities and small businesses in the US, it's important for countries to commit to "state social responsibilities".

"If the US is willing to work together with China for mutual benefits and shoulder 'state social responsibilities' on the world stage, I believe that China will gladly work hand-in-hand with the US and jointly promote a more peaceful, stable and prosperous global community," Xu said.

The forum, "China-US Relations: 40 Years & Beyond", hosted by China Daily and Bank of China, featured commentary by experts involved in Sino-American relations.