China would welcome visits by European Council President Antonio Costa and European Commission President Ursula von der Leyen at an appropriate time to jointly hold a new round of China-EU leaders' meetings,

The EU executive is balancing reaching a trade deal of its own with the U.S. and coming up with response to the far-reaching tariffs if those talks fail.

Treasury Secretary Scott Bessent on May 11 said the U.S. and China had made "substantial progress" during talks in Switzerland amid an escalating trade war.