The Chinese Ministry of Commerce announced the conclusion of strategic economic agreements with the United States, including massive deals to purchase American aircraft, engines, and aviation equipment, following the US presidential visit to Beijing. The ministry clarified that both nations agreed to expand economic cooperation horizons by establishing joint trade and investment councils. The preliminary understandings include the approval of mutual tariff reductions on strategic goods. In a related context, US sources revealed Chinese commitments to increase imports of American agricultural products and energy resources, thereby strengthening the trajectory of economic relations between the two global powers.