The Chinese foreign minister said on Monday that China has the confidence to avoid military confrontations with the United States by deepening dialogues and coordination, according to a statement published on the ministry's website.
Speaking at the China Development Forum 2017, Wang Yi said that the China-US relationship will not fall into the Thucydides Trap, a terminology used to describe a scenario in which if a rising power challenges an established power, a war often ensues.
"As the interests of the emerging powers and established powers converge in an interconnected world, conflicts will lead to nothing but a lose-lose situation," Wang said.
The foreign minister said that the two countries can also avoid the Kindleberger Trap, adding that a single country cannot provide all the public goods for the complicated world and international cooperation is the only possible choice.
Charles Kindleberger, an intellectual architect of the Marshall Plan, believed that the disastrous decade of the 1930s was caused by the US replacing Britain as the largest global power but failing to take on Britain's role in providing public goods.
Wang's remarks came two days after US Secretary of State Rex Tillerson paid his maiden visit to Beijing, where he said that the two countries should jointly chart the blueprint for the bilateral relations for the next 50 years and all-around cooperation.
At the forum, Wang hailed Tillerson's statement as "inspiring", saying that China is willing to promote bilateral relationships from a strategic perspective.
Commenting on tensions on the Korean Peninsula, Wang reiterated the importance of the parallel-track approach, a key solution proposed by China to simultaneously denuclearize the peninsula and replace the armistice by a peace agreement.
Wang also called for suspension of the large-scale US-South Korea military exercises in exchange for North Korea's suspension of nuclear missile activities in a suspension-for-suspension proposal.
"We should grasp every opportunity to have dialogue, and we should not give up if there is a hope for peace," Wang said.