Biden added that the two leaders must ensure that their relations do not end up in open conflict, including by installing “common sense” crash barriers.
Biden spoke to Xi in a video conference as the two leaders held their most extensive talks since Biden took office in January.
Xi said the two sides need to increase communication and cooperation to solve the many challenges they face.
The talks, initiated by Biden, were intended to set terms for future competition between the US and China. Biden is expected to urge Beijing to comply with international rules on trade and security.
The United States and China, the world’s largest economies, disagree on issues such as the origin of the COVID-19 pandemic, trade and competition rules, Beijing’s expanding nuclear arsenal and increased pressure on Taiwan.