China and Saudi Arabia are ready to deepen cooperation

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

RIYADH, Oct. 30 (Xinhua) — Chinese Vice President Han Zheng and Saudi Arabian Crown Prince and Prime Minister Mohammed bin Salman Al Saud met here on Wednesday and pledged to further develop bilateral ties and cooperation.

Han Zheng noted that Saudi Arabia is a comprehensive strategic partner of China and that Beijing has always placed Riyadh in an important position in its diplomacy.

According to him, in the 35 years since the establishment of diplomatic relations, especially since Xi Jinping's successful visit to Saudi Arabia in 2022, China-Saudi relations have achieved new positive progress.

Han Zheng said China will make greater contributions to global development through new achievements in its modernization, which will provide valuable opportunities for the future development of China-Saudi relations.

Beijing is willing to work with Riyadh to implement the important consensus reached by the leaders of the two countries, strengthen high-level exchanges, continuously support each other on issues affecting their core interests, expand practical cooperation in various fields and enhance people-to-people and cultural exchanges, so as to elevate the China-Saudi Arabia comprehensive strategic partnership to a higher level, he said.

China is also willing to strengthen cooperation with Saudi Arabia in multilateral affairs, enhance coordination on multilateral platforms such as the UN and the G20, promote global governance in a more just and reasonable direction, and promote the building of a community with a shared future for humanity, Han Zheng added.

The Crown Prince, in turn, said that China is an important major power in the world and that the two countries are good friends and partners, the political relations between them are strong and at the highest level of development, and Saudi Arabia firmly adheres to the one-China policy.

Cooperation between Beijing and Riyadh is based on mutual benefit, he said, adding that Saudi Arabia is willing to deepen cooperation with China in areas such as economy and trade, investment, artificial intelligence, renewable energy and mining to achieve common development.

He said Saudi Arabia shares China's position on regional and international issues, appreciates China's efforts to promote reconciliation between Saudi Arabia and Iran, and values its fair position on the Palestinian issue. He also expressed hope that China will play a greater role in maintaining regional peace and stability.

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Xi Jinping called on China and the United States to work together to achieve greater and concrete results.

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Source: People's Republic of China – State Council News

BUSAN, South Korea, Oct. 30 (Xinhua) — Chinese President Xi Jinping said here Thursday that China and the United States should work together to achieve greater and concrete results for the benefit of the two countries and the world.

Xi Jinping made the statement during a meeting with US President Donald Trump after arriving in Busan to attend the 32nd APEC Informal Leaders' Meeting and a state visit to the Republic of Korea (ROK).

The Chinese leader noted that President Trump is very enthusiastic about resolving various regional problems, and China also promotes peace talks to resolve various pressing issues.

Xi Jinping said that in a world facing many complex challenges today, China and the United States can shoulder their responsibilities as major countries.

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China's development goes hand in hand with Trump's vision of "Make America Great Again" – Xi Jinping

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Source: People's Republic of China – State Council News

BUSAN, South Korea, Oct. 30 (Xinhua) — Chinese President Xi Jinping said here Thursday that China's development and revival go hand in hand with the "Make America Great Again" vision of the United States proposed by U.S. President Donald Trump.

The Chinese leader made this statement at a meeting with Donald Trump after landing in Busan to participate in the 32nd APEC Informal Meeting in Gyeongju and pay a state visit to the Republic.

Xi Jinping said the two countries are fully capable of helping each other achieve success and common prosperity.

"China and the United States should be partners and friends. This is a lesson from history and a necessity of reality," he said.

Xi Jinping also noted that he is ready to continue working with D. Trump to create a solid foundation for Chinese-American relations and a favorable atmosphere for the development of both countries. –0–

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Xi Jinping called for the giant ship of Chinese-American relations to move forward confidently.

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Source: People's Republic of China – State Council News

Busan, South Korea, October 30, Xinhua – China and the United States must ensure the steady progress of the giant ship of China-US relations. Chinese President Xi Jinping stated this Thursday at a meeting with US President Donald Trump.

According to him, since D. Trump's re-election, the leaders have spoken three times by phone, exchanged several letters and maintained close contact.

Under the joint leadership of the two heads of state, Chinese-American relations generally remain stable, Xi Jinping noted.

Several days ago, during the latest round of consultations in Kuala Lumpur, Malaysia, the two countries' economic and trade teams reached a basic consensus on resolving relevant core issues, which created the necessary conditions for today's meeting, he said.

Given the different national circumstances, the two sides do not always agree with each other, and it is normal for the world's two leading economies to experience friction from time to time, the Chinese president noted.

“You and I stand at the helm of China-US relations,” he addressed Donald Trump. “In the face of winds, waves, and challenges, we must steer the right course, navigate a difficult terrain, and ensure that the giant ship of China-US relations moves confidently forward.” –0–

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The US Federal Reserve is cutting interest rates for the second time this year.

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Source: People's Republic of China – State Council News

WASHINGTON, Oct. 29 (Xinhua) — The U.S. Federal Reserve on Wednesday cut its target range for the federal funds rate by 25 basis points to 3.75 percent to 4 percent, marking the second rate cut this year.

Available data suggest economic activity is expanding at a moderate pace, job growth has slowed this year, and the unemployment rate rose slightly but remained low through August, the Federal Open Market Committee (FOMC) said in a statement following its monetary policy meeting.

The FOMC, the Federal Reserve's main monetary policy body, has said it aims to achieve maximum employment and inflation of 2 percent over the long term.

“In support of its objectives and given the changing balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-3/4 percent to 4 percent,” the statement said.

“When considering further adjustments to the target range for the federal funds rate, the Committee will carefully evaluate incoming data, the changing outlook, and the balance of risks,” the statement said.

Of the 12 FOMC members present at the meeting, 10 voted for a 25 basis point cut, Stephen Miran preferred a 50 basis point cut, and Jeffrey Schmid chose not to change the target range for the federal funds rate.

The move comes as the Fed faces a shortage of reliable economic data due to the federal government shutdown that began October 1.

"The federal government shutdown will have a negative impact on economic activity as long as it continues," Fed Chairman Jerome Powell said at a press conference after the policy meeting, acknowledging that those effects should fade once the shutdown ends.

J. Powell warned that "a further rate cut at the December meeting is not a foregone conclusion. On the contrary, policy is not on a predetermined course."

Speaking about inflation, he noted that “excluding tariffs, inflation is actually not that far from our target of 2 percent.”

Luke Tilley, chief economist at the Wilmington Trust Institute in Delaware, expects the Fed to continue cutting rates through 2026. "Then they'll drop to what we consider a neutral range, which is 2.75 percent to 3 percent," he said.

Franklin Templeton Investments, a global leader in asset management, said inflation concerns will likely push the Fed's rate cut range lower than expected, with the final rate in the current policy cycle potentially higher than 3.5 percent.

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Breaking News: China's Development Does Not Contradict the US Vision of "Make America Great Again" — Xi Jinping

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Source: People's Republic of China – State Council News

Busan, Republic of Korea, October 30, Xinhua — China's development does not conflict with the "Make America Great Again" vision of the United States, proposed by U.S. President Donald Trump. Chinese President Xi Jinping stated this at a meeting with Trump after landing in Busan to attend the 32nd APEC Informal Meeting in Gyeongju and a state visit to South Korea.

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Lightning: China and the US should be partners and friends – this is a lesson from history and a necessity of reality – Xi Jinping

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Xinhua | October 30, 2025

Keywords: China-USA

Source: Xinhua

Lightning: China and the US should be partners and friends – this is a lesson from history and a necessity of reality – Xi Jinping Lightning: China and the US should be partners and friends – this is a lesson from history and a necessity of reality – Xi Jinping

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China to conduct experiments on mice on space station

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Source: People's Republic of China – State Council News

JIUQUAN, Oct. 30 (Xinhua) — The crew of the Shenzhou-21 manned spacecraft will conduct scientific experiments on mice during their stay on the space station, the China Manned Space Administration (CMSA) said Thursday.

Four mice – two males and two females – will be delivered to the Chinese space station by the Shenzhou-21 spacecraft, CMSA spokesman Zhang Jingbo said at a press conference held the day before the launch of the manned spacecraft. -0-

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Breaking News: Xi Jinping said he and Trump should lead the development of bilateral relations

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Source: People's Republic of China – State Council News

BUSAN, South Korea, Oct. 30 (Xinhua) — Chinese President Xi Jinping said here Thursday that he and U.S. President Donald Trump should guide the development of bilateral relations and work together to achieve more meaningful, practical and beneficial results.

Xi Jinping made this statement during a meeting with D. Trump after arriving in Busan to participate in the 32nd Informal Meeting of APEC Leaders and a state visit to the Republic of Korea (ROK). –0–

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A Pakistani astronaut will travel to the Chinese space station as a payload specialist.

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Source: People's Republic of China – State Council News

JIUQUAN, Oct. 30 (Xinhua) — Two Pakistani astronauts will undergo training with their Chinese counterparts, with one of them selected to participate in a short-term space mission as a payload specialist, the China Manned Space Administration (CMSA) said at a press conference on Thursday.

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