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"Downward pressure and structural problems do exist in the Chinese economy," Xi acknowledged while addressing the closing ceremony of a China-Britain business summit.

Hunt said that since the dialogue mechanism launched three years ago, the two countries have conducted a wide range of cooperation.

Xi addressed the UN General Assembly, the UN Sustainable Development Summit, a women's affairs summit and a peacekeeping summit; presided over a South-South cooperation roundtable co-organized by China and the United Nations; and attended a leader's luncheon on climate change.

Officials and experts from both sides believe that a high-standard BIT will not only benefit the top two economies in terms of boosting mutual investment and job opportunities, but also conduce to the global economy.

BEIJING, Sept. 30 (Xinhua) -- Chinese President Xi Jinping's first state visit to the United States has charted the course for strengthening strategic mutual trust between the two countries and will have a profound influence on the future of bilateral relations, Foreign Minister Wang Yi has said.