Biden offered Xi his "greetings and well wishes" to the Chinese people on the occasion of the Lunar New Year celebrations, the White House said in a statement.
China has been criticised for pursuing an energy-intensive post-COVID recovery based on heavy industry and construction, and experts say new coal plants could end up becoming heavily-indebted "stranded assets".
Xi, making his first appearance at the forum since his vigorous defence of free trade and globalisation in an address in Davos in 2017.
We should build an open world economy ... discard discriminatory and exclusionary standards, rules and systems, and take down barriers to trade, investment and technological exchanges.
EU chiefs Ursula von der Leyen and Charles Michel will be joined by German Chancellor Angela Merkel and French President Emmanuel Macron on the call, the EU said.
The deal addresses complaints by the EU and US about China’s industrial subsidies and forced technology transfers.
Toyota's best chance of selling the Mirai and other FCV may, however, be in neighbouring China, where it has an FCV partnership with Guangzhou Automobile Group (GAC) and FAW Group.
China's top diplomat, Wang Yi, arrived in the South Korean capital late on Wednesday, after a two-day visit to Japan, as Asian governments prepare for change under a new U.S. administration.
Sino-US relations have deteriorated to their worst in decades during incumbent US President's Donald Trump's four years in office.
During the election campaign, Biden vowed a tough line on China's expanding influence worldwide and referred to Xi more than once as a "thug" for his human rights practices.
Wang, who is also a state councillor, arrived in Seoul after spending two days in Tokyo and will meet his counterpart Kang Kyung-wha on Thursday, said South Korea's foreign ministry.
Also on Wednesday, Chinese Vice President Wang Qishan congratulated Biden's running mate, Kamala Harris, on being elected the next U.S. vice president, Xinhua said.
"China is willing to strengthen cooperation with other countries in the research and development, production, and distribution of vaccines," Xi told the G20 Riyadh Summit via video link.
The pair will be at a meeting of the leaders of the 21-nation Asia-Pacific Economic Cooperation (APEC) hosted virtually by Malaysia just two weeks after Trump lost his re-election bid.