On August 3, State Councilor and Foreign Minister Wang Yi held a bilateral meeting with US Secretary of State Mike Pompeo on the sidelines of the Association of Southeast Asian Nations (ASEAN) Foreign Ministers' meeting and related meetings.

Wang Yi said that the China-US relationship is now standing at a key juncture. China and the US are permanent members of the UN Security Council and the world top two economies, and how our bilateral relations evolve concerns the wellbeing of not only people in our two countries but also the whole world. We always believe that cooperation is the only right choice for China and the United States. It's also the universal expectation of the international community. Confrontation will only bring a lose-lose situation detrimental to world peace, stability and development. Both sides should manage differences and solve problems through dialogue and consultation on the basis of mutual respect and an equal footing so as to guide China-US relations to move forward on the right track.

Pompeo said the US-China relations are very important, adding that the US side expects both the United States and China to succeed, and it has no intention of thwarting China's development. The US side would adhere to the one-China policy and the position would remain unchanged. He also called for joint efforts from both sides to strengthen coordination and cooperation on the important issues including the nuclear issue on the Korean Peninsula.