On the evening of February 21, President Jiang Zemin hosted a welcome banquet in honor of visiting U.S. President George W. Bush, his wife and his entourage at the Great Hall of the People.

Present at the banquet were Chairman Li Peng of the Standing Committee of the National People's Congress (NPC), Chairman Li Ruihuan of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), and President Jiang's wife Madame Wang Yeping.