On March 25, 2024, Member of the Standing Committee of the Political Bureau of the CPC Central Committee and Member of the Secretariat of the CPC Central Committee Cai Qi met with Chairman and CEO of the Blackstone Group of the United States (U.S.) Stephen A. Schwarzman in Beijing.

Cai Qi said that China-U.S. relations are the most important bilateral relations in today's world. To implement the common understandings reached between the two heads of state and realize the San Francisco vision is the most important task for the two sides, which requires active participation and support of people from all walks of life in the two countries. China is now advancing the building of a strong nation and the rejuvenation of the Chinese nation on all fronts through a Chinese path to modernization. He expressed the hope that Mr. Schwarzman will continue to cultivate success in China, share opportunities together, promote educational cooperation and people-to-people and cultural exchanges between the two countries, increase the trust and friendship between the two peoples, especially those between the youth of the two countries, tell a good story of China-U.S. friendship and cooperation, consolidate the public support of bilateral relations, and inject more positive energy into China-U.S. relations.

Stephen A. Schwarzman said that, with the joint efforts of both sides, the Schwarzman program launched eleven years ago has made positive progress. He expressed the willingness to strengthen cooperation with China to increase exchanges and mutual learning between China and the world so that more people can understand China's development prospects, and contribute to the stable development of U.S.-China relations and the building of a better world.