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Ben Randol, a senior foreign exchange strategist at Bank of America Merrill Lynch, also believed that the global foreign exchange (FX) market and other asset classes have recently been "infused with optimism about a U.S.-China trade deal," which has led to a declining tendency in the dollar.

The three sides also agreed to constantly consolidate and expand trilateral practical cooperation, and work on setting up a meeting mechanism among their defense ministers in an appropriate time. China also proposed to discuss "China, Russia, India plus" cooperation, so as to improve global influence of the trilateral cooperation.

Conveying his sincere greetings to Trump via Lighthizer and Mnuchin, Xi said he cherishes the good working relationship with Trump very much and is willing to keep in touch with him through various means.

Wang said the two sides should respect each other and seek common ground while shelving differences and adhere to the three joint communiques and important consensus reached by leaders of the two countries.

The Party must fully recognize the intensity and severity of the dangers of a lack of drive, incompetence, disengagement from the people, inaction, and corruption, he said.