President Xi Jinping will meet with US President Barack Obama as part of a Nuclear Security Summit in Washington this month, it was disclosed on Monday.

Premier Li Keqiang made the announcement after meeting with Jacob Lew, special representative of the United States president and the US treasury secretary, in Beijing on Monday.

The meeting between the two presidents would help to improve relations between the two countries, Li said.

Lew was in Beijing after attending the G20 meeting of finance ministers and central bank governors in Shanghai last week. At this meeting, finance officials from the member nations pledged efforts to prevent competitive devaluation of currencies and to facilitate global economic growth.

The meeting between Xi and Obama will take place after the National People's Congress holds its annual session in Beijing, beginning on Saturday.

The White House website said the fourth and final Nuclear Security Summit will be held on March 31 and April 1 in Washington, DC. When meeting with Chinese Foreign Minister Wang Yi last week, Obama said he hoped Xi would attend the summit.

Li, when meeting with Lew, said good Sino-US relations were very important for both countries, and China placed great emphasis on its economic and trade cooperation with the US, which Li described as an "accelerator" for the overall bilateral ties.

Li said it was good to see that during the G20 meeting of finance ministers and central bank governors that major economies would enhance coordination on macro policies. Li also said the meeting went smoothly and had sent a stable message to international society.