China is working to reassure top U.S. corporate leaders about its strong business potential amid ongoing geopolitical tensions and a slowing domestic economy.
On Sunday, Vice Premier He Lifeng met with executives from major companies including Apple, Pfizer, Mastercard, and Cargill, as well as leaders from Eli Lilly, Medtronic, and Corning, according to a statement from the Ministry of Commerce.
In his discussions, He emphasized that China is committed to enhancing its business environment and welcoming greater foreign investment. “China will continue to improve the business environment and welcome more investment by multinational companies in China, sharing opportunities for development,” he said, describing the nation’s economy as “highly resilient” and “full of vitality.”
The meetings come as Beijing seeks to boost domestic consumption and counterbalance the effects of U.S. tariffs imposed amid escalating tensions. Many foreign CEOs are in Beijing for a business forum on Sunday and Monday, with some expected to meet President Xi Jinping later this week.
In a further bid to attract investment, the China Council for the Promotion of International Trade extended an invitation to Apple CEO Tim Cook to discuss deepening supply-chain cooperation. This initiative is part of broader efforts to mitigate the impact of a 20% tariff imposed by the Trump administration, which has strained relations and raised concerns over issues ranging from trade practices to illicit drug flows.
At the recent China Development Forum, Premier Li Qiang called on nations to open their markets to help combat “rising instability and uncertainty,” promising more active macroeconomic policies to support growth. U.S. Senator Steve Daines also met with Li, alongside senior executives from U.S. companies, to share their views on the business climate in China.
Despite the challenges posed by U.S. tariffs, some CEOs remain optimistic about China’s long-term prospects. “Definitely, we have confidence for China's development. We have been invested consistently for decades in China, and we will continue for decades to come,” Corning CEO Wendell Weeks told Global Times. Similarly, executives from American direct-selling firm Amway, while monitoring the tariff impacts, stressed their focus on the future of the Chinese market.
As China continues its efforts to attract foreign capital and bolster economic growth, these high-level engagements underscore the nation’s strategy to present itself as a stable and promising destination for global business investment.
China has strongly criticized U.S. President Donald Trump's recent executive order, which threatens to impose a 25% tariff on all goods imported to the U.S. from any country that imports oil from Venezuela.
China has narrowed the artificial intelligence (AI) development gap with the United States to just three months in certain areas, according to Lee Kai-fu, the CEO of Chinese AI startup 01.AI.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
Stephen Orlins, president of the National Committee on United States-China Relations (NCUSCR), stated that China and the United States should cooperate in the field of artificial intelligence (AI) to avoid duplicating efforts.
Japan has lodged an official protest with China over a statement that it claims misquoted Prime Minister Shigeru Ishiba’s comments during his meeting with Chinese Foreign Minister Wang Yi on Friday. Japan’s top government spokesperson confirmed the protest on Monday.
Thai Prime Minister Paetongtarn Shinawatra will face a no-confidence vote in parliament on Wednesday, marking an early test of the strength and unity of her ruling coalition after two days of fierce opposition scrutiny.
Signal president Meredith Whittaker has defended the platform’s security after senior Trump administration officials mistakenly included a journalist in a private Signal group chat discussing U.S. military action against Yemen’s Houthis.
At least 15 people have died as wildfires continue to ravage South Korea’s southeastern region, Yonhap News Agency reported on Wednesday.
Russia and Ukraine have agreed to suspend attacks on key energy infrastructure for 30 days, according to a statement published by the Kremlin on Tuesday.
The Department of Energy (DOE) has instructed its employees to label documents related to the agency’s review of grants and contracts under the controversial DOGE initiative with "legal privilege," in a bid to prevent them from being disclosed under the Freedom of Information Act (FOIA).
Sweden’s Prime Minister Ulf Kristersson stated on Thursday that purchasing U.S. weapons does not pose a security risk for his country, but emphasized the need for Europe to reduce its reliance on American defense systems. His comments come amid growing discussions within Europe.
NASA astronauts Butch Wilmore and Suni Williams completed an unexpectedly long 286-day mission on the ISS, returning to Earth aboard a SpaceX capsule after delays caused by technical issues with Boeing’s Starliner.
Mexican forces have dismantled a massive meth lab in Zacatecas, dealing a blow to a Sinaloa Cartel faction.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
Serbia’s parliament has officially accepted the resignation of Prime Minister Milos Vucevic, setting a 30-day deadline for the formation of a new government or the calling of snap elections.
Thai Prime Minister Paetongtarn Shinawatra will face a no-confidence vote in parliament on Wednesday, marking an early test of the strength and unity of her ruling coalition after two days of fierce opposition scrutiny.
Signal president Meredith Whittaker has defended the platform’s security after senior Trump administration officials mistakenly included a journalist in a private Signal group chat discussing U.S. military action against Yemen’s Houthis.
Russia and Ukraine have agreed to suspend attacks on key energy infrastructure for 30 days, according to a statement published by the Kremlin on Tuesday.
OpenAI has unveiled significant updates to its Advanced Voice Mode feature for ChatGPT, making its AI voice assistant more personable and responsive to user needs.
Denmark’s Prime Minister, Mette Frederiksen, criticized the United States for placing "unacceptable pressure" on Greenland, ahead of a high-profile U.S. delegation’s visit to the semi-autonomous Danish territory this week.
Thai Prime Minister Paetongtarn Shinawatra will face a no-confidence vote in parliament on Wednesday, marking an early test of the strength and unity of her ruling coalition after two days of fierce opposition scrutiny.
Signal president Meredith Whittaker has defended the platform’s security after senior Trump administration officials mistakenly included a journalist in a private Signal group chat discussing U.S. military action against Yemen’s Houthis.
At least 15 people have died as wildfires continue to ravage South Korea’s southeastern region, Yonhap News Agency reported on Wednesday.
Russia and Ukraine have agreed to suspend attacks on key energy infrastructure for 30 days, according to a statement published by the Kremlin on Tuesday.
The Department of Energy (DOE) has instructed its employees to label documents related to the agency’s review of grants and contracts under the controversial DOGE initiative with "legal privilege," in a bid to prevent them from being disclosed under the Freedom of Information Act (FOIA).
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