Shares of Boeing (NYSE:BA) climbed 3% in Thursday’s pre-market session following Treasury Secretary Scott Bessent‘s indication of a significant increase in orders for the company’s aircraft from China amid President Donald Trump’s meeting with Chinese President Xi Jinping.

"I think we're going to see the large Boeing orders," Bessent told CNBC on Thursday.

Boeing did not immediately respond to Benzinga‘s request for comments.

Bessent also revealed that U.S. and Chinese officials have discussed the creation of a “Board of Trade” to oversee bilateral trade and a separate “Board of Investment” for non-sensitive area investments. The new investment board will review Chinese plans to ensure they do not fall under the Committee on Foreign Investment in the United States (CFIUS), which Bessent chairs.

China Paused Boeing Orders Amid Tariff Row

The U.S.–China tariff dispute escalated sharply during Trump’s first term, prompting Beijing to halt Boeing deliveries and restrict new aircraft orders over the subsequent years. Chinese airlines were ordered to seek approval for Boeing deliveries, deepening pressure on the U.S. aerospace giant. Chinese carriers shifted more toward Airbus SE (OTC:EADSY) (OTC:EADSF) during that period.

While the move ...