Xi Pledges to Grow China's New Energy Sector While Biden Warns of Economic Security Risks
• President Xi touted China's leadership in new energy technology and manufacturing, with strong exports and domestic growth. He outlined plans to further develop the strategic sector.
• Xi acknowledged challenges like demand pressures and called for advances in key technologies to drive industry upgrading.
• The comments come ahead of major political meetings where policies and economic targets will be discussed.
• Biden warned of risks from Chinese auto imports flooding the US market and undermining national security.
• Xi highlighted coordinating high-quality new energy development with energy security reforms and building infrastructure to support the transition.