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China’s Ministry of Commerce: Roundtable Meeting with top U.S. Companies

China’s Ministry of Commerce hosted a roundtable meeting with more than 20 U.S. companies, including Tesla, GE Healthcare, and Medtronic, reaffirming the country’s commitment to reform and opening up amid global trade tensions.

  • Regardless of global uncertainties, China remains resolute in its path toward reform and opening up, said Ling Ji, vice minister of commerce and deputy China international trade representative.
  • Multilateralism is the inevitable solution to the challenges facing the world and China’s door to the outside world will only open wider, said Ling.
  • He reiterated that China’s policies to attract foreign investment have not changed and will not change.
  • The ministry will continue to safeguard the legitimate rights and interests of foreign enterprises in China, including those from the United States, and actively respond to their concerns, Ling said.
  • The roundtable came amid a new round of trade tensions as the United States recently hiked tariffs on trade partners including China.

    Source: TIAN Dongdong from CrossPacificWatchers