Chinese Vice Premier He Lifeng urged multinational corporations to expand their investment in China, emphasizing the country’s commitment to high-quality development and economic openness. The meeting, attended by top executives from global industry leaders, focused on discussions regarding the global and Chinese economic landscape, China-U.S. economic and trade relations, and investment opportunities in the Chinese market.
He Lifeng, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, reassured business leaders of China’s strong economic resilience, vast potential, and vibrant market. He highlighted the government’s continued efforts to enhance the business environment and facilitate high-standard economic openness, encouraging global firms to capitalize on the numerous opportunities within China’s expanding economy.
The meeting saw participation from executives of major global firms, including Apple CEO Tim Cook, Pfizer Chairman and CEO Albert Bourla, Brookfield Asset Management Chair and CEO Bruce Flatt, Medtronic Chairman and CEO Geoff Martha, Mastercard CEO Michael Miebach, Eli Lilly Chair and CEO David A. Ricks, Cargill President and CEO Brian Sikes, and Corning Incorporated Chairman and CEO Wendell P. Weeks.
During discussions, the business leaders reaffirmed their confidence in China’s economic prospects and expressed a strong commitment to long-term collaboration with the country. They acknowledged China as a vital market for their businesses and voiced optimism about sustained economic growth and market stability.
The meeting underscored China’s continuous efforts to attract foreign investment and deepen economic ties with global enterprises. By reinforcing its commitment to an open market and economic innovation, China aims to strengthen its position as a top destination for international business expansion.
As geopolitical and trade dynamics evolve, China’s engagement with multinational corporations remains crucial in maintaining robust global economic cooperation. The participation of high-profile executives signals the importance of China’s market in the global business landscape, highlighting the country’s role as a major hub for investment and economic growth.
