(ECNS) — The summit of Chinese President Xi Jinping and his U.S. counterpart Joe Biden in San Francisco was an important opportunity for the two sides to build trust, clear up misgivings, manage differences and expand cooperation, Chinese Foreign Ministry spokesperson Mao Ning said at a press conference on Thursday.

It is also an important meeting that adds certainty and stability for a world going through turmoil and changes, and San Francisco can be a new starting point for stabilizing China-U.S. relations, the spokesperson added.

Mao said the two heads of state had a candid and in-depth exchange of views.

They held further discussions about the right way for China and the U.S. to get along, clearly outlined the shared responsibilities of our two major countries, and came up with a future-oriented “San Francisco vision”, according to Mao.

“The meeting identified the direction and drew up a blueprint for the sound, steady and sustained development of bilateral ties. It was a positive, comprehensive and constructive meeting of strategic and far-reaching significance,” she said.

“President Xi elaborated on China’s position on stabilizing and improving China-U.S. relations. He pointed out that both sides need to work together to form a correct perception, effectively manage differences, advance mutually-beneficial cooperation, assume due responsibilities as major countries, and promote people-to-people and cultural exchanges,” the spokesperson said.

“In this way, we will be building five pillars for the stable growth of bilateral ties and embracing a new vision for our relationship. This major event in international relations today will no doubt go down as a milestone in China-U.S. relations,” she said.

According to the spokesperson, it was a fruitful meeting with over 20 common understandings in political, diplomatic, cultural and people-to-people exchanges, global governance, military, security and other fields.

“These important common understandings and deliverables further attest to the wide-ranging common interests shared by China and the U.S.. They also prove that mutual benefit is the defining feature of China-U.S. relations and dialogue and cooperation is the only right choice for both sides,” she said.

Both sides need to make renewed efforts to translate the new vision into reality, further consolidate the foundation of bilateral ties, build pillars for peaceful coexistence, and realize the sound, steady and sustained growth of our relations, Mao added.