BEIJING, Nov. 11 (Xinhua) -- China's stability and development will benefit the world and bring more opportunities to the United States and the bilateral cooperation, Chinese President Xi Jinping said Tuesday.

Xi made the remarks during a bilateral meeting with visiting U.S. President Barack Obama.

Before the meeting, the two heads of state had a walk at the Zhongnanhai leadership compound in central Beijing.

Xi had dinner with Obama and briefed him on China's efforts in comprehensively deepening reform, advancing rule of law and strengthening the building of the ruling party.

Xi told Obama that "we have found a development path suitable for China's national conditions, which is the socialist path with Chinese characteristics," noting that "we will unswervingly follow it."

Obama is here to attend the 22nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting and pay a state visit to China.