Chinese vice premier welcomes more foreign financial institutions to invest in China

China welcomes more foreign financial institutions, including Citadel, to invest and establish businesses and share development opportunities in the country, Chinese Vice Premier He Lifeng said on Monday when meeting with Citadel founder Ken Griffin.

He, also a member of the Political Bureau of the Communist Party of China Central Committee, said that China is deepening capital market reform while advancing high-standard financial opening-up, aiming to promote high-quality economic development.

Griffin expressed optimism over the development prospects of China's economy and financial market, and indicated a willingness to keep expanding business operations and investment in China, contributing to economic and trade cooperation between the United States and China.

Chinese vice premier welcomes more foreign financial institutions to invest in China

Chinese vice premier welcomes more foreign financial institutions to invest in China

Chinese vice premier welcomes more foreign financial institutions to invest in China

The United States GDP grew by just 1.4 percent in the fourth quarter of 2025, lower than analysts' forecasts of a 2.5 percent gain, according to data released by the Commerce Department on Friday.

The figure also represents a marked deceleration from the 4.4 percent expansion seen in the third quarter, as a federal government shutdown and cooling consumer demand weighed on economic activity.

Data show that personal consumption expenditures, which account for approximately 70 percent of the U.S. economy, rose by 2.4 percent in the fourth quarter, down from 3.5 percent in the previous quarter. Government spending and investment declined by 5.1 percent, and exports fell by 0.9 percent.

The data release was delayed by a month due to the government shutdown. The Commerce Department estimated that the shutdown, which ran through the first half of the quarter, likely shaved about one percentage point off economic growth.

US GDP grows 1.4 pct in Q4, below estimate