Ahead of the official announcement by the Chinese Foreign Ministry, Premier Li Keqiang has revealed that President Xi Jinping is scheduled to meet US President Barack Obama 'very soon.'

Li made the announcement following the visit to Beijing by Jacob Lew, special representative of the US President and the US Treasury Secretary.

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Li said the meeting between the two leaders will help improve bilateral relations and  enhance ties which have been frayed recently due to the South China Sea dispute.

                                                              G20 meeting

Lew attended the G20 meeting of financial leaders and central bank governors last week in Shanghai.

The meeting turned out fruitful with the finance ministers promising to exert all the necessary efforts to prevent devaluation of their respective nation's currencies and to take measures to facilitate global economic growth.

The meeting of the two presidents will be held after the annual session of the National People's Congress, which will start on Saturday.

                                                           Nuclear Security Summit

During Foreign Minister Wang Yi's visit to the US last week, Obama said he hoped President Xi will be able to attend the Nuclear Security Summit, which will be held in Washington from March 31 to April 1.

Li and Lew agreed that good Sino-US relations are very important for both countries. Li said that Beijing values its economic and trade relations with the US.

A government researcher in Beijing Wang Yusheng believes 'frequent meetings' between the two leaders will help tremendously in strengthening their bilateral ties.

                                                          Paris Climate Summit

The two leaders last met at the Paris Climate Summit in December, Wang said.

"Every time a subtle situation seems to emerge in the bilateral relations, a face-to-face meeting between leaders of the two nations will help to sort things out," Wang said.

He admitted that there are still some 'uncomfortable areas' in Sino-US relations.

TagsParis climate summit, G20 meeting, Sino-US ties, President Xi Jinping, china