Wang Yi, a member of the Political Bureau of the Central Committee of the Party and Director of the Office of the Central Commission for Foreign Affairs, met with Stephen Schwarzman, Chairman and CEO of Blackstone Group, in Beijing yesterday (16th), as announced by the Ministry of Foreign Affairs of the PRC (MoFA). China-US relations are the most important bilateral relations in the world today, Wang said. For great power like China and the US, peaceful coexistence is the fundamental bottom line that must be maintained, and equality, respect and reciprocity are the correct ways to interact. Related NewsInflation Rate YoY for Oct in China is 0.2%, higher than the previous value of -0.3%. The forecast was 0%.'Decoupling and breaking the chain' is not a realistic or rational choice, and confrontation will only lead to mutual harm. The two sides should engage in effective communication, resolve divergences properly, and promote stable, healthy and sustainable development of China-US relations.