President Trump will return to Mar-a-Lago this weekend, the White House confirmed on Monday, making it the fifth weekend he has spent in Florida as president.
CNN also cited a senior White House official as confirming such plan, but the US news organization also quoted the official as saying that "the plan is only tentative at the moment".
The meeting was first reported by Axios.
Press secretary Sean Spicer announced the Palm Beach trip to reporters during the White House press briefing, offering no other details regarding the goal of the trip.
Iran to receive second Airbus on Saturday
Officials attend a ceremony held beside the Airbus A330-200 after it touched down at Mehrabad Airport in Tehran. A smaller plane, an Airbus A320 for use on shorter flights, arrived in Tehran in January.
Plans for the summit - which would be the first in-person meeting between Trump and Xi - come amid heightened tensions in the region, particularly the increasing North Korean nuclear threat.
News of the meeting comes as Secretary of State Rex Tillerson prepares to head out tomorrow (14 March) on a journey to east Asia with visits to Japan, South Korea and China to reaffirm American economic and security commitments. The president has also taken a hard-line approach to trade with China.
He had promised to formally label China as a currency manipulator on his first day in office but has yet to do so.
The White House announced in February that the president did in fact honor the "One China" policy.