The announcement of Donald Trump's victory in one of the United States' most historic presidential races on Wednesday could mark a new beginning in China-US relations if the chance that has been offered is not wasted.

The upcoming four years will provide new opportunities for the next US administration to take the overall picture of China-US ties into account and strengthen dialogue and communication with China to properly handle the differences that exist between the world's two largest economies, which range from the Taiwan question to trade, and to the South China Sea.

The US' misconceptions and policies towards China have posed significant challenges for current China-US relations. It is hoped that the next administration will echo China's call to continue to develop bilateral relations based on the principle of "mutual respect, peaceful coexistence and win-win cooperation", and work jointly to stabilize and further improve China-US relations, and contribute to world peace and development.

A pragmatic approach to bilateral relations is essential in navigating the complexities of global challenges. The world faces unprecedented issues such as regional conflicts, climate change and economic instability that require collaborative solutions. The proper handling of China-US relations — also the world's most important bilateral relationship — not only serves the common interests of both countries but also will inject greater certainty and stability into the world.