The Donald Trump administration is reportedly putting together a business delegation for the President's upcoming trip to Beijing next week, and it's shaping up to be a who's who of American industry. According to a report by Semafor on Thursday, the invite list includes Boeing Co. Boeing (BA) CEO Kelly Ortberg, Nvidia Corp. Nvidia (NVDA) CEO Jensen Huang, and the heads of Apple Inc. Apple (AAPL), Exxon Mobil Corp Exxon Mobil (XOM), and others.

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer have been suggesting names for the trip, according to anonymous sources familiar with the matter. Other potential invitees include executives from Visa Inc. Visa (V), Qualcomm Inc. Qualcomm (QCOM), and Citigroup Inc. Citigroup (C).

Boeing's Big Chance in China

For Boeing, this trip could be a game-changer. The company was reportedly in talks with multiple Chinese airlines last year about an order for over 500 aircraft—a deal that would be massive by any measure. During Boeing's first-quarter earnings call late last month, Ortberg said he was “confident” that the upcoming summit would include the aircraft manufacturer's order. “President Trump has been very focused on supporting us in international campaigns and he's been very successful in doing that,” Ortberg told analysts and investors.

If the deal goes through, it would provide a major boost for Boeing and help it compete with rival Airbus SE Airbus (EADSF), which has dominated the Chinese market for years. Notably, Boeing hasn't secured any major orders from Chinese airlines in nearly a decade. The stakes are high, especially given Boeing's troubled history in China: the country was the first to ground the 737 MAX jet after the 2019 crash of an Ethiopian Airlines flight, which followed the Lion Air crash in 2018.

AI and Chip Politics Take Center Stage

Artificial intelligence is expected to be a key topic during the visit. Both sides are likely to discuss the dangers of autonomous weapons systems and the potential threat of attacks using advanced open-source technologies. Chinese President Xi Jinping has been pushing domestic tech leaders to ramp up research and innovation as the global tech race with the U.S. heats up.

Nvidia's Jensen Huang has been vocal about the need for international collaboration. He has cautioned against isolating and “victimizing” China, arguing that proposed restrictions on chip exports could hurt U.S. interests in the long run. Huang believes that collaboration between U.S. and Chinese researchers is essential for advancing AI innovation.

The trip comes at a delicate moment in U.S.-China relations, with trade tensions simmering and technology at the center of the rivalry. For the CEOs on the invite list, it's a chance to engage directly with Chinese leaders—and potentially unlock billions in business.