In his first virtual meeting with US President Joe Biden on Nov 16, President Xi Jinping called on the two nations to follow the principles of mutual respect, peaceful coexistence and win-win cooperation, highlighting the need to treat each other as equals, keep differences under control and seek common ground while putting aside their differences.

Wang Wen, executive dean of Chongyang Institute for Financial Studies, Renmin University of China, said in an exclusive interview with China Daily that President Xi's remarks at the meeting reflected the sense of responsibilities of the leader of a major country. The meeting is very timely to ease tensions and keep China-US relations on the right track.