Beijing Chinese Vice Premier He Lifeng has assured global business leaders, including Apple CEO Tim Cook, that China will continue to open its markets and welcome increased investment from multinational corporations. The announcement was made during a high-level meeting in Beijing, according to a statement from the Ministry of Commerce.
He Lifeng emphasized China's commitment to creating a more favorable business environment for foreign companies. He stated that further reforms are planned to reduce barriers to entry and ensure fair competition. The government hopes that these measures will encourage more companies to invest in China and contribute to its economic growth.
The meeting brought together CEOs from various industries, including technology, finance, and manufacturing. Participants discussed opportunities and challenges in the Chinese market, as well as potential areas for collaboration. The Chinese government views foreign investment as crucial for driving innovation and creating jobs.
While details of specific policy changes were not immediately available, the announcement signals China's intention to remain a major player in the global economy. Analysts will be watching closely to see how these promises translate into concrete actions.
China Promises More Market Access to Global CEOs
China's government is promising to make it easier for foreign companies to do business there. Vice Premier He Lifeng told a group of global CEOs, including Apple's Tim Cook, that China is committed to opening its markets further. The government hopes to attract more investment from companies around the world. This announcement comes as China tries to boost its economy.
Source: Read the original article at NBC