US firms can share China’s development dividends and are welcome to increase their investment in the country, China’s vice minister of commerce told US business representatives while urging their government to meet China halfway to maintain bilateral ties.
Wang Shouwen, China’s Vice Minister of Commerce and deputy international trade representative, made the remarks at an online symposium with board members of the US-China Business Council on Tuesday.
Executives from the headquarters of 15 US firms including GM, Boeing, JPMorgan Chase and Qualcomm attended the meeting focusing on China-US trade ties, China’s current business environment and expanding opening-up, according to a statement on the Ministry of Commerce (MOFCOM) website on Wednesday.
China has been earnestly implementing the phase one trade deal with the US, in the face of the pandemic-inflicted challenges and the complexities of China-US trade relations, and strives to create a sound environment to facilitate pragmatic cooperation between businesses from both countries, Wang told the symposium.
Such remarks stand in contrast with continuing hostility on the part of the Trump administration.
Wang also reiterated China’s unswerving resolve to deepen reforms and expand its opening-up.
China strongly opposes US’ wrongdoings relating to issues concerning Taiwan and Xinjiang, he said.
The nation’s stable supply chains, strong resilience and the fundamentals of the economy’s long-term prospects remain unchanged, in extending olive branch to the US business community, the vice minister is quoted as saying in the statement.
Participating US business representatives congratulated China’s immense achievements in combating the pandemic and taking the lead in resuming work and production, said the statement. They also commended the China’s implementation of the phase one deal and were bullish about the growth potential of the Chinese market and expected a stable China-US relationship.
The US business representatives also touched on topics regarding the opening of agricultural and services sectors, air transportation and medical collaboration, MOFCOM’s statement said.
Source: Global Times
more recommended stories
Online shopping festival held to promote integration of Greater Bay Area
The first online shopping festival of.
Livestream marketing, upgraded logistics drive sales of bananas in S China’s Nanning
Livestream marketing and logistics reform, as.
“Share The Moment” Short Video Contest Announcement
The moment started from 50 years.
Population of green peafowl sees steady recovery in China
In recent years, China has significantly.
Small home appliance market flourishes in China
China’s small home appliance market witnessed.
Chinese cities actively adapt home environment for safety, comfort of the elderly
Chinese cities are trying to ensure.
China’s 14th National Games kicks off in Xi’an
China’s 14th National Games began in.
China goes full steam ahead to push international anti-pandemic cooperation
As the COVID-19 pandemic is still.
Unmanned agricultural machinery widely used in China
Intelligent agricultural machinery is now easily.
China’s manufacturing value-added ranks first in the world for 11 years
China has maintained its position as.