President Xi Jinping Emphasizes Foreign Investment and Global Cooperation
On March 28, President Xi Jinping met with international business leaders in Beijing, emphasizing China’s ongoing commitment to foreign investment and economic reform. He noted the vital role of foreign businesses in China’s modernization, their contributions to growth, and the importance of creating a favorable environment for international cooperation. Over 40 global executives attended, expressing support for China’s progressive policies and the pursuit of inclusive global economic stability.
On March 28, President Xi Jinping met with representatives of the international business community at the Great Hall of the People in Beijing. He welcomed these business leaders and praised their enduring cooperation with China. President Xi credited the impressive achievements of China’s rapid economic growth and social stability over the past decades to the leadership of the Communist Party of China (CPC), the efforts of the Chinese people, and support from the international community, especially contributions from foreign businesses operating within China.
President Xi highlighted that reform and opening up have facilitated China’s integration into the global market, emphasizing the role of foreign investment in driving economic growth and innovation. He recognized that foreign businesses are essential participants in China’s modernization and have enjoyed substantial benefits. Their presence has fostered technological advancements and strengthened partnerships with the Chinese populace, ultimately achieving win-win outcomes for all involved.
He further noted that China has long been a critical contributor to global growth. The nation is committed to its policy of opening up, taking measures to expand regulatory frameworks and promote high-standard practices in investment. China continues to present vast opportunities for foreign investors, boasting the world’s second-largest consumer market and engaging in transformative economic initiatives.
President Xi assured that the country plans to further lower market access thresholds, ensuring equal treatment for foreign entities and protecting their rights. He emphasized China’s dedication to peaceful development and creating a supportive environment for international businesses, enhancing opportunities for mutual growth and cooperation.
During the meeting, President Xi underscored the importance of multilateralism in addressing global challenges and reaffirmed China’s commitment to inclusive economic globalization. He called on multinational companies to uphold global economic order and stability in supply chains while promoting an environment conducive to openness and cooperation.
The gathering included over 40 global business leaders, including executives from FedEx, Mercedes-Benz, Sanofi, HSBC, Hitachi, SK Hynix, and Saudi Aramco. They praised China’s commitment to economic reform and its role as a growing force in the global economy. These leaders expressed intentions to further invest in China and collaborate on economic initiatives that align with China’s modernization goals while supporting free trade globally.
In conclusion, President Xi Jinping’s meeting with international business leaders highlighted China’s openness and commitment to foreign investment as a critical component of its economic strategy. The discussions reaffirmed the role of foreign businesses in fostering mutual growth and innovation. China’s dedication to enhancing its regulatory framework and maintaining a stable political environment further underscores its status as a desirable destination for global investment. Additionally, the strong expressions of support from international business leaders reinforce the potential for collaboration and growth in the evolving global economic landscape.
Original Source: www.fmprc.gov.cn
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