President Xi Jinping and U.S. President Donald Trump had a private meeting at Zhongnanhai in Beijing on Friday.
The meeting came a day after Xi held talks with Trump, who was on a state visit to China from Wednesday to Friday.
Noting that Trump's visit was a historic and landmark one, Xi said the two sides set the new vision of building a constructive China-U.S. relationship of strategic stability.
The two sides have reached important common understandings on maintaining stable economic and trade ties, expanding practical cooperation in various fields, and properly addressing each other's concerns, Xi said.
The two sides also agreed to strengthen communication and coordination on international and regional issues, said Xi, noting that the visit is conducive to enhancing mutual understanding, deepening mutual trust and improving the well-being of the two peoples.
This once again demonstrates that it is a shared aspiration of both peoples and the expectation of people across the world for China and the United States to find a right path to get along with each other and to achieve peaceful coexistence and win-win cooperation on the basis of mutual respect, Xi added.
Xi said that while President Trump hopes to make America great again, he is dedicated to leading the Chinese people toward national rejuvenation, stressing that the two countries can advance their respective development and revitalization by strengthening cooperation.
China and the United States should implement the important common understandings that have been reached, cherish the hard-won positive momentum, keep to the right direction, steer clear of disruptions, and promote the steady development of bilateral relations, Xi said.
Trump said that he is very grateful to Xi for inviting him to visit Zhongnanhai, noting that his China visit has captured the world's attention and is very successful and unforgettable.
The two sides reached a series of important consensuses as well as multiple agreements and resolved a lot of problems, which are of great benefit to both countries and the world, said Trump.
Trump said Xi is his old friend and he holds great respect for Xi, noting the relationship between the United States and China is very important and will surely get better and better.
Trump said that he is willing to continue to maintain sincere and in-depth communication with President Xi, and warmly looks forward to hosting Xi in Washington, D.C.
The two sides also exchanged views on some regional hotspot issues.
Xi, Trump have private meeting in Beijing
China's financial system continued to provide robust support for the real economy in April, with steady credit expansion and declining borrowing costs, according to the data released Thursday by the People's Bank of China (PBOC), the country's central bank.
At the end of April, China's total outstanding social financing reached 456.89 trillion yuan (about 67.16 trillion U.S. dollars), up 7.8 percent year on year.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, had increased by 8.6 percent year on year to 353.04 trillion yuan by the end of last month.
The M1, which covers cash in circulation, demand deposits and client reserves of non-bank payment institutions, reached 114.58 trillion yuan at the end of April, up 5 percent from the same period of last year.
In the first four months of 2026, China's yuan-denominated loans rose 8.59 trillion yuan, reflecting sustained credit provision to the real economy.
Loans to enterprises and institutions increased by 8.99 trillion yuan during the period, with medium- and long-term loans rising 5.01 trillion yuan, a sign of stable funding support for business investment and production activities.
The balance of inclusive loans for micro and small enterprises reached 37.92 trillion yuan at the end of April, up 10.5 percent year on year. Meanwhile, the balance of medium- and long-term loans to the service sector, excluding real estate, totaled 61.34 trillion yuan, growing 9.7 percent, both outpacing the overall loan growth rate.
Analysts noted that amid ongoing economic transformation, loan demand is gradually shifting from traditional heavy-asset sectors such as real estate toward technology-intensive and service-oriented industries with lighter asset structures.
"Since the beginning of this year, a series of policies, such as strengthening fiscal-financial coordination to boost domestic demand and intensifying support for sci-tech finance, green finance, inclusive finance, pension finance and digital finance, have been successively implemented, yielding tangible results. Monetary and credit policies have worked in synergy with fiscal measures, including interest subsidies and risk compensation mechanisms, to channel greater flows of financial resources toward major projects, key sectors and areas requiring strengthened support," said Dong Ximiao, chief economist at the Merchants Union Consumer Finance Co., Ltd.
The PBOC data also show that borrowing costs remained at historically low levels, further easing debt burdens for businesses and households.
In April, the weighted average interest rate on newly issued corporate loans stood at about 3.1 percent, down about 20 basis points from a year earlier. Similarly, the weighted average interest rate for newly issued personal housing loans was also around 3.1 percent, roughly down 6 basis points year over year.
China maintains steady credit expansion in April: PBOC data
