Chinese Premier Li Qiang met with Elon Musk, CEO of the U.S. electric carmaker Tesla, in Beijing on Sunday.
Li said that Tesla's development in China marks a successful example of economic and trade cooperation between China and the United States, noting that facts have shown that equal-footed cooperation and mutual benefits are in the fundamental interests of both countries.
Li expressed his hope that the U.S. will work with China to meet each other halfway and follow the strategic guidance of the two heads of state to promote the sustained and steady development of China-U.S. relations.
China's super-sized market will open to foreign-invested enterprises as always, said the premier, noting that China will honor its commitment, and will make enhanced efforts in expanding market access and offer better services, to provide further improved business environment and all-round support to foreign-invested companies, so that they can invest in China in a safe and reassuring manner.
Musk said Tesla's Shanghai Gigafactory is Tesla's best-performing one thanks to the hard work and wisdom of the Chinese team.
He said that Tesla is willing to further deepen cooperation with the Chinese side to achieve more win-win results.
Chinese premier meets Tesla CEO
Chinese premier meets Tesla CEO
Chinese premier meets Tesla CEO
The third Global Trade and Investment Promotion Summit was held in Beijing on Monday, with representatives calling on the international business community to make concerted efforts to fast-track global economic recovery.
Highlighting mutual trust and cooperation, the focus of the event is "smoothing the supply chain for win-win," with more than 300 attendees from across the world, including heads of chambers of commerce, business associations and trade promotion facilities, as well as high-level representatives from Tesla, Walmart and other Fortune Global 500 companies.
As a high-level platform for interactions among business communities from different countries, the summit aims to jointly address global issues, nurture new growth points for international economic cooperation and reform the global economic governance system.
Delivering a speech at the opening ceremony, Chinese Vice President Han Zheng said China will continue to work with the rest of the international community, amid all the global uncertainty, to strengthen openness and exchanges, promote free trade and stimulate growth drivers for digital and green development.
The summit was organized by the China Council for the Promotion of International Trade (CCPIT). Representatives from both trade and investment promotion agencies and business communities reached a series of consensus following extensive discussions.
"China is willing to share the opportunities of development with the global community. We welcome the business sectors of more and more countries to work together to build a stable global supply and industrial chain, and give full play to the further development of the green economy," said Ren Hongbin, the CCPIT chairman.
The summit also includes parallel forums focusing on smoothening supply chains, promoting exchanges between the United States and China on turning the "San Francisco Vision" into reality, and the artificial intelligence (AI) industry, among other issues.
The forum attendees spoke highly of China's contribution to the global market and its efforts to share the development opportunities with other countries.
"China is already integrated very closely into the global manufacturing supply chain. It provides a lot of inputs. And at the same time, China is also a very very big market, [as] 18 percent of the GDP, the global GDP, is China. Therefore, China has a very important role both as a part of the manufacturing chain and also as a part of the global market," said Osamu Onodera, vice chairman of the Japanese Chamber of Commerce and Industry in China
"[For] Italian companies, they focus on Chinese partners to promote the digital trade of the quality of their products. So this is one of the key elements to cooperate between Italian companies and the Chinese market," said Lorenzo Riccardi, chairman of China-Italy Chamber of Commerce.
The summit launched the Beijing Initiative, calling on accelerating world economic recovery through the WTO-centered multilateral trading system and maintaining the stability and smooth flow of industrial and supply chains through strengthening industrial specialization and collaboration.
The initiative also proposed to advance AI exchanges and cooperation in embracing the transformative force of AI, foster green and low-carbon development, and nurture mutually-beneficial and win-win business partnerships.
Global Trade, Investment Promotion Summit 2024 held in Beijing
Global Trade, Investment Promotion Summit 2024 held in Beijing
