Senior U.S. and Chinese officials have intensified preparations for Chinese President Xi Jinping’s upcoming visit to Washington, focusing on trade and artificial intelligence (AI) security amid mounting technological rivalry between the two nations. The visit, slated for later this week, marks Xi’s first trip to the United States during President Donald Trump’s second term, following Trump’s earlier visit to Beijing this year amid escalating economic tensions.

In advance of the summit, conversations between officials from both countries have centered on managing AI risks and advancing trade negotiations. The U.S. has generally favored voluntary, national security–oriented safeguards for AI development rather than broad, mandatory regulations. However, concerns about AI’s rapid evolution and potential threats have prompted some top technology executives to call for more robust regulatory frameworks, a stance that has met skepticism from President Trump.

Trade discussions are also expected to be a key element of the summit. Officials have established a mechanism to support negotiations through the U.S.-China Board of Trade, aiming to identify a subset of goods across various sectors that could be treated separately should new trade measures arise. On the Chinese side, these goods may include consumer and low-technology items, while the U.S. could propose energy products, agricultural goods, and medical devices for consideration.

In addition to trade and AI security, broader economic and strategic issues are likely to surface during the high-profile meetings. The current trade truce, which includes Washington’s suspension of certain reciprocal tariffs on Chinese imports, is set to expire on November 10. Under this agreement, China has committed to managing rare-earth exports and increasing agricultural purchases from the United States, while the Trump administration has scaled back some tariffs and deferred new levies on Chinese goods.

The summit will also involve leaders from major corporations, underscoring the importance of economic ties amid the geopolitical competition. JPMorgan Chase CEO Jamie Dimon and Citigroup CEO Jane Fraser are expected to attend a state dinner during Xi’s visit. Meanwhile, prominent figures from the AI sector, including OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang, are also set to participate, reflecting the growing prominence of technology issues in U.S.-China relations.

As both nations navigate their complex economic and strategic relationship, the discussions during Xi’s visit are viewed as critical for steering the future course of U.S.-China cooperation and competition in trade, technology, and security.