The offer was made in early November, shortly after Trump's election victory, multiple sources told the media outlet. It remains unclear whether Xi has accepted.
In a recent NBC News interview, Trump said he "got along very well" with Xi and that they had communicated the previous week.
Trump's team has suggested hosting other leaders at the Capitol on January 20, in addition to Xi. While ambassadors and diplomats are typically invited, State Department records since 1874 indicate that no foreign leader has ever attended a transfer-of-power ceremony.
The apparent olive branch to China comes despite Trump's incoming administration featuring several hawks on Beijing, including Senator Marco Rubio as secretary of state.
The president-elect has vowed to hit the country with an "additional 10% tariff, above any additional tariffs" unless it takes action against the trafficking of fentanyl, a major contributor to the opioid crisis.
During his campaign he threatened tariffs in excess of 60% on US imports from China.
On Tuesday President Xi Jinping warned that neither side will emerge victorious in the event of a trade war.
Xie Feng, China's ambassador to the US, read a letter from Xi at a US-China Business Council gala in Washington on Wednesday, emphasizing the importance of dialogue over confrontation, and calling for mutually beneficial cooperation rather than zero-sum games.
Xie urged against decoupling supply chains, while US Ambassador to Beijing Nicholas Burns cautioned that Beijing sometimes tries to "sugar coat" the competitive nature of the bilateral relationship.
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