According to a report from Mars Finance, during Chinese President Xi Jinping's state visit to the United States, China and the United States reached an eight-point consensus on outcomes. The two sides agreed to build a relationship of strategic stability based on respect, fairness, and equality, and to support each other's hosting of APEC and G20 meetings. The leaders of the two countries agreed that Iran will fulfill its commitment not to develop nuclear weapons, and recognized the positive role of the China-US economic and trade consultation mechanism, reaching a reciprocal arrangement for tariff reductions amounting to USD 30 billion. The two sides also agreed to establish channels for dialogue and communication on artificial intelligence between China and the United States.