WATCH: Biden gives remarks at APEC summit in San Francisco

President Joe Biden delivered remarks on Thursday at a CEO summit held at the Asia-Pacific Economic Cooperation forum in San Francisco.

Watch Biden’s remarks in the player above.

On Wednesday, Biden met with his Chinese counterpart Xi Jinping and they struck a conciliatory tone that came as a relief to other countries, especially China’s neighbors.

The two leaders met at a northern California country estate, holding talks, lunching and taking a garden stroll designed to show that while the two countries are global competitors, they’re not locked in a winner-take-all faceoff.

“Planet Earth is big enough for the two countries to succeed,” Xi told Biden.

Biden emphasized the need to avoid miscommunication. “We have to ensure competition does not veer into conflict,” he said.

The leaders’ first face-to-face encounter in a year appears to have put a floor under a relationship that at times has seemed to be in freefall over various issues, from trade and technology to U.S. support for Taiwan, China’s human rights record and even the source of the COVID-19 pandemic.