“China and the United States have different national conditions , and differences are inevitable. As the world's two largest economies, occasional frictions are normal,” Xi said.

The meeting produced two key outcomes: the U.S. agreed to cut tariffs on Chinese fentanyl-related exports from 20 percent to 10 percent, and both countries signed a one-year agreement on the supply of strategic rare-earth minerals.

The talks come as Beijing and Washington seek to prevent escalating economic disputes from derailing broader bilateral engagement, with both leaders emphasising cooperation over confrontation.