Donald Trump has concluded his final round of talks with Xi Jinping and wrapped up his state visit to Beijing
Trump said the meeting was "very successful, world-renowned, and unforgettable", while Xi called it a "historic and landmark" visit, according to Chinese state media
He may speak to the media on Air Force One soon, potentially revealing details of the talks which have so far remained scarce
Trade, oil, Iran and Taiwan were among the topics discussed over two days of meetings
Earlier Trump said Xi had committed to withholding military equipment from Iran, in an interview with Fox News
The US president also said China wants the Strait of Hormuz open again and that Beijing has agreed to buy oil from the US
We've seen very little policy agreed between the two sides but the real win may be that these talks happened at all, writes our China correspondent
Earlier we reported that Trump, while posing for a photo at the Temple of Heaven, had told a reporter to "wait" when asked about the talks.
The US press pool has just issued this correction: Trump had said "great" rather than "wait".
Image source, POOL / AFP via Getty Images)"Great place, incredible," Trump said to Xi as the two presidents posed for a photo at the Temple of Heaven, in front of the iconic main hall. "China's beautiful."
The sprawling ancient Chinese complex is where emperors of the Ming and Qing dynasties would offer sacrifices and pray for bountiful harvests.
Reporters from Trump's travelling press pool asked twice if the presidents had discussed Taiwan, but neither leaders responded before walking away towards the temple.
And when a reporter asked how the talks had progressed, Trump replied: "Wait."
Image source, US PoolXi has also arrived at the Temple of Heaven, and after briefly posing for pictures, the two presidents are now walking together in the complex.
We'll bring you more updates shortly.
The US president has arrived at the Temple of Heaven, an ancient complex of temples in Beijing and a major tourist attraction.
Trump was expected to visit the temple this afternoon with Xi. The complex announced two days ago that it will be closed to the public today.
Xi is now meeting with US business leaders following the two-hour bilateral talks between both presidents.
He says China's door will only open wider to US businesses, adding that American firms will have broader prospects in the country.
He also says American companies have been deeply involved in China's growth, which has benefited both sides, adding that Beijing welcomes the US to strengthen reciprocal cooperation, according to Chinese state media Xinhua.
Trump has brought with him a delegation comprising more than a dozen top business executives, including Nvidia's Jensen Huang and Tim Cook from Apple, raising hopes for new deals.
The US president has been pushing China to buy more American goods.
The bilateral talks between both leaders have ended. They lasted about two hours, double the duration originally scheduled.
Later this evening, Trump is set to take part in a state banquet held in his honour.
As we have just reported, Taiwan is a key topic of discussion between the two superpowers - and Taipei is watching the Trump-Xi meeting very closely.
Asked about the summit in Beijing, Taiwanese government spokesperson Michelle Lee says they are grateful for the United States' repeated affirmation of its support for Taiwan, Reuters reports.
Image source, ReutersNvidia boss Jensen Huang
Nvidia boss Jensen Huang says he hopes Trump and Xi will build on their "wonderful relationship" to improve ties between China and the US, Chinese state media CCTV reports.
He adds that he hopes the meeting will be a success.
Huang’s late inclusion in the US delegation of top business leaders fuelled hopes of potential new chip deals between the two sides.
Trump and Xi are still deep in talks behind closed doors. These bilateral discussions have overrun for some 30 minutes so far, even taking into account the fact that they started late.
Image source, ReutersPresident Xi has warned of the potential for "conflict" with the US over Taiwan, Chinese state media is reporting, with the leader reportedly calling it the "most important issue in China-US relations".
"If it is handled well, bilateral relations can remain generally stable. If it is not handled properly, the two countries could collide or even come into conflict, pushing the entire China–US relationship into a very dangerous situation," Xi says, according to state media.
He adds that Taiwan independence is "fundamentally incompatible" with peace in the Taiwan Strait. And peace in the strait is the "greatest common ground between China and the United States", he says.
Peter Hoskins
Business reporter, Singapore
Chinese state media CCTV has posted a video of some of the top US business leaders travelling with Trump entering the room where the two presidents were meeting.
They were later seen leaving and were asked by reporters for comments on the event.
Image source, ReutersElon Musk tells reporters he wants to accomplish "many good things" here, according to Reuters.
Image source, ReutersNvidia chief executive Jensen Huang is reported to have said "the meetings went excellent."
Image source, ReutersWhen asked how the meetings went, Apple boss Tim Cook simply gives a thumbs up.
Pomp and pageantry outside Great Hall of the People
Beijing put on a grand welcome for President Trump as he met Chinese leader Xi Jinping at the entrance to the Great Hall of the People.
Watch snippets of China's military parade, cheering children and interaction between the presidents here.
President Xi says the trade teams from US and China "reached a generally balanced and positive outcome" when they met yesterday, Chinese state media are now reporting.
US Treasury Secretary Scott Bessent met Chinese Vice Premier He Lifeng in South Korea yesterday, ahead of the highly anticipated presidential meeting today.
"Facts have repeatedly proven that there are no winners in a trade war, and the essence of China-US economic and trade relations is mutual benefit and win-win cooperation," Xi said, according to Chinese state media. "Both sides should work together to maintain the hard-won positive momentum."
Analysts expect Taiwan to be among the issues on top of the agenda for this meeting. Xi could use the opportunity to pressure Trump to halt arms sales to the self-governed island.
"The worry is that Trump could give in, in some way, when Xi Jinping presses him as he always does on the issue," says Julian Gewirtz, a former senior director for China and Taiwan Affairs at the US National Security Council.
China considers Taiwan a breakaway province that will eventually be under Beijing's control, and has not ruled out the use of force to achieve this.
The US affirms the One China policy, but maintains robust, unofficial relations with Taiwan – and it has a legal obligation to provide the island with the means to defend itself.
While US presidents have over decades abided by this perspective, Trump "has not seen Taiwan in the same lens" Gewirtz tells the BBC.
"At various points, he has complained about Taiwan being dominant in the semiconductor industry," he said, adding that the president has also pointed out that Taiwan is, geographically speaking, much nearer to the Chinese coast than to the US.
Tessa Wong
Asia Digital Reporter
In his opening remarks to Trump earlier, Xi mentioned the Thucydides Trap - but what is it?
It's a political term popularised by American scholar Graham Allison that has been used to describe the US-China relationship.
Referencing the ancient Greek historian Thucydides, who wrote about the war between Athens and Sparta, the term describes a situation where an established country becomes anxious about the rise of a developing power, leading to rivalry and eventually conflict.
In recent years the Chinese government has latched onto this analogy, with Xi himself invoking it when urging for co-operation with the US.
So when Xi told Trump today to "overcome the Thucydides Trap", he was essentially appealing to the US leader not to fear China's rise but instead, as he said later, become "partners not rivals".
Trump's kind words to Xi set up China as an equal to the US as the sides enter talks, said Kelly Grieco from the Reimagining US Grand Strategy Program at the Stimson Center.
Trump will be keen to make agreements for China to buy American agriculture, aircraft and other goods "to be able to say he brought good deals home," Grieco told the BBC.
But the US' bargaining position has weakened because Trump's tariffs have not gone well against China in the past year. Beijing, in response, has also shown its own leverage in rare earths - metals crucial for the production of electronics and semiconductors.
Trump will also be keen to convince Beijing to put pressure on Iran to end the war.
Grieco said if it were to help, "China will definitely want something in exchange".
The two presidents have just finished delivering their opening remarks.
They're set to start bilateral talks behind closed doors, which are expected to last an hour, as media are ushered out of the room.
In his opening remarks, Trump says it is "an honour" to be meeting Xi today.
"We've gotten along, when there were difficulties we worked it out. I would call you and you would call me," Trump says. "People don't know, whenever we had a problem we worked it out very quickly."
"I say it to everybody, you're a great leader," Trump says.
The US president said he's brought the "best [business leaders] in the world" with him on this trip. "Only the top people here today to pay respects to you," he says.
Trump adds that some people have called this "the biggest summit ever", and that he looks forward "very much" to their discussions.
"It's an honour to be with you, it's an honour to be your friend," he says, adding that US-China relations are going to be "better than ever before".
'It's an honour to be your friend' - Trump tells Xi
In his opening remarks, Xi noted that "the whole world is watching our meeting. Currently transformation not seen in a century is accelerating across the globe and the international situation is fluid and turbulent".
"The world has come to a new crossroads. Can China and the US overcome the Thucydides trap and create a new paradigm of relations? Can we meet global challenges together and provide more stability for the world? Can we, in the interest of our world, of our two peoples, and the future of humanity, build a brighter future for our bilateral relations?"
"These are the questions vital to history, to the world, and to the people. They are the questions of our times that you and I need to answer as leaders of major countries."
Xi also congratulated Trump and the US on their 250th anniversary of independence.
"I always believe that our two countries have more common interests than differences. Success in one is an opportunity for another, and a stable bilateral relationship is good for the world," he continued. "China and the US both stand to gain from cooperation and lose from confrontations."
"We should be partners not rivals, we should help each other succeed and prosper and find the right way for major countries to get along with each other in the new era."
Xi said he looked forward to having discussions with Trump and "working together with you to set the course for and steer the giant ship of China-US relations, so as to make 2026 a historic landmark year that opens up a new chapter".
Image source, CGTNIn his opening remarks to Trump and his delegation, Xi has called for the two countries to be partners, not rivals.
We'll bring you more comments shortly.