According to information from the White House, during his visit to China at the end of last week, US President Donald Trump and Chinese head of state Xi Jinping reached a common understanding on a number of key issues. The goal is to strengthen stability and confidence among businesses and consumers on a global scale.

The US presidential administration specifies that the two sides have agreed to create two new institutions – a "Trade Board" and an "Investment Board" – to serve as a permanent mechanism for improving economic relations between Washington and Beijing.

The "Trade Board" will allow governments to coordinate and manage bilateral trade in non-sensitive goods, while the "Investment Board" will be a platform for discussing topics related to bilateral investments and the conditions for them.

The official announcement also states that China commits to addressing US concerns regarding shortages in the supply of rare earth elements and critical minerals. These include yttrium, scandium, neodymium, and indium, as well as issues regarding bans and restrictions on the export of equipment and technologies for the extraction, production, and processing of such resources.

It is also emphasized that the Chinese side has approved an initial order for the purchase of 200 aircraft. This is Beijing's first commitment to purchase US-made Boeing aircraft since 2017.

Furthermore, China commits to acquiring American agricultural products worth no less than 17 billion dollars for each of the years 2026, 2027, and 2028. In this way, the agricultural sector in the US receives additional security for its exports in the medium term, and cooperation between the two economies expands beyond industrial and technological spheres.