In 2024, before Trump returned to office, that had fallen to 193,000 bpd, worth $6 billion.
The chairman of state-owned oil major CNPC, which has long-term contracts with US liquefied natural gas producers, is expected to be a guest at a banquet in Beijing on Thursday for the US delegation.
Reuters previously reported that the US and China are expected to move towards a trade mechanism for non-sensitive goods this week, with each side possibly identifying some $30 billion worth of goods on which they could reduce tariffs.
(Reporting by Trevor Hunnicutt, Lewis Jackson and Sam Li in Beijing; Editing by Sharon Singleton and Thomas Derpinghaus)