Xi Jinping, China's leader, holds talks with John Bolton, the US national security advisor.

• During a meeting on Thursday, Xi Jinping, the Chinese President, conveyed to Jake Sullivan, the U.S. national security advisor, that China desires for the United States to discover a "proper approach" to coexist.
• The escalating tensions between the world's two largest economies have spilled over into finance and technology.
• As U.S. national security advisor, Sullivan is embarking on his first trip to China. Since 2016, this is the first visit by someone in that role.

During a meeting with U.S. national security advisor Jake Sullivan on Thursday, Chinese President Xi Jinping expressed hope that Washington will discover a "proper approach" to maintain harmonious relations.

Despite significant developments in the two countries and the China-U.S. relationship, China's dedication to maintaining a stable, healthy, and sustainable China-U.S. relationship remains constant, as stated by Xi, according to a release from China's Ministry of Foreign Affairs.

The escalating tensions between the world's two largest economies have led to conflicts in various sectors, including trade, finance, and technology.

Beijing stated on Thursday that the Chinese leader hopes the U.S. will view China's development positively and work with China to find a way for the two major countries to coexist peacefully.

China's top diplomat, Wang Yi, met with Sullivan, advisor to the outgoing Biden administration, in Beijing for two days of discussions.

On Thursday, Zhang Youxia, vice chairman of the Chinese Communist Party's Central Military Commission, met with Sullivan.

Despite having met with Wang multiple times in recent years, this is Sullivan's first trip to China as national security advisor.

The last official visit to China by a U.S. president's national security advisor was in 2016, when Susan Rice went to Beijing under the Obama administration.

In the upcoming weeks, Joe Biden, the U.S. President, and Xi will have a phone conversation, as announced by the White House on Wednesday. Sullivan will leave China later on Thursday.

Despite the uncertainty of the November U.S. presidential election results, there is consensus among both political parties to be tough on Beijing.

This summer, Biden withdrew from the presidential race and backed his Vice President Kamala Harris as the Democratic candidate.

In May, at a Council on Foreign Relations event, Phil Gordon, Harris' current national security advisor, stated that the "China challenge" is more significant than Taiwan and requires preventing Beijing from acquiring advanced technology, intelligence, and military capabilities that could threaten the US.