Beijing: Relations between Beijing and Washington are at an important juncture, Chinese Premier Li Qiang told US Senator Steve Daines and some American businesspeople in Beijing amid the ongoing tariff wars between the countries.

According to Anadolu Agency, Li emphasized the mutual benefits of cooperation and the losses incurred from conflict, advocating for dialogue over confrontation. He expressed hope for a shift from zero-sum games to win-win cooperation, urging both nations to work towards the "healthy, stable, and sustainable development" of US-China relations.

Li reassured the attendees of China's welcoming stance toward global companies, including those from the US. He emphasized China's commitment to addressing legitimate business demands, ensuring equal treatment for domestic and foreign companies, and fostering a conducive business environment.

Senator Daines, a supporter of former US President Donald Trump, shared his observations on China's economic evolution since 1991, noting significant growth over the past 34 years. He expressed optimism for further high-level dialogues between the US and China in the near future.

Daines attended the annual China Development Forum 2025 in Beijing, which American business executives also attended. The event focused on discussing opportunities and challenges facing the Chinese economy and the prospects for global economic growth. Many participants are expected to meet Chinese President Xi Jinping.

During the forum, Premier Li announced China's plans to expand market access for foreign investors, as reported by China's state media CCTV. He also addressed external challenges, stating that China is "prepared for possible unexpected shocks."