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China touts business potential to US companies despite 'rising instability'


Published on 2025-03-24 09:01:14 - Reuters
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  • China's economy tsar, Vice Premier He Lifeng, sought to reassure foreign CEOs of the country's business potential, describing the economy as highly resilient, while global investment banks cautiously raised their 2025 outlook for the country.

China's Vice Premier He Lifeng met with representatives from major U.S. companies including Apple, Pfizer, and Cargill on March 24, 2025, to reassure them of the vast business potential in China. During the meeting, He emphasized China's commitment to opening up its markets further, enhancing the business environment, and ensuring fair competition. He highlighted the importance of foreign investment in China's economic development and expressed hopes for continued cooperation and mutual benefit. The discussions also covered topics like innovation, sustainable development, and the role of these companies in China's future economic landscape, signaling a positive outlook for foreign enterprises in the country.

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[ https://www.reuters.com/business/chinas-vice-premier-reassures-apple-pfizer-cargill-others-business-potential-2025-03-24/ ]