President’s comments come amid increasing tensions between two sides over Beijing’s more assertive territorial claims in the South China Sea

The U.S. Treasury will press China in bilateral meetings next week to keep moving toward a market-determined exchange rate, reduce excess industrial capacity, and make reforms that boost domestic consumption, a senior Treasury official said on Wednesday.

China and the United States should open up their markets to each other and increase policy coordination and cooperation, China vice finance minister Zhu Guangyao said on Thursday.

China will "pressure" the United States on maritime issues at key talks in Beijing next week because of Chinese concerns over the increased U.S. military presence in the disputed South China Sea, a major state-run newspaper said on Tuesday.

Chinese Foreign Minister Wang Yi on Monday held a phone conversation with U.S. Secretary of State John Kerry at the latter's invitation, calling on the two sides to continue focusing on cooperation and properly manage their differences.

Although US willingness to engage China in the international system seems to be diminishing, the Chinese president’s upcoming state visit is an opportunity to get a new type of major-country relationship back on track. This will accumulate more positive energy if both countries seek functional cooperation in deferent spheres by practical and systematic means.

Trust has been the missing key ingredient in China-U.S. relations, though recent interactions between the two countries show it doesn’t have to be that way.

Despite its serious concern about information security, the US displayed more impressive diplomatic courtesy than in previous sessions, helping the two sides to build trust, reduce suspicion, and restore collaboration. That contributes to a constructive atmosphere for the upcoming summit meeting of the two countries’ leaders.

There is no denying that elements of competition exist in China-U.S. relations, but strengthening bilateral cooperation still forms the heart of the two countries’ policies towards each other.

After heated discussions, even confronting debates, the 7th S&ED has still achieved more than 190 results, which clearly illustrates the solid base for bilateral relations.