During the 15th Five-Year Plan period (2026-2030), China will unswervingly expand high-level opening up and promote high-quality development, which will create wider market opportunities for multinational corporations, Chinese Vice Premier He Lifeng said in Beijing on Saturday.
He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting with senior representatives of well-known multinational corporations including HSBC, UBS, Louis Dreyfus, Siemens Healthineers, Schneider Electric, Rio Tinto, Prudential, Investor AB, Standard Chartered, Suzano and TCP Group.
He noted that China's economy is making progress while maintaining overall stability, and pushing forward with innovation-led and high-quality development, adding that China welcomes multinational corporations to increase investment in China and continuously deepen mutually beneficial cooperation.
Representatives of the multinational corporations expressed confidence in China's economy and stated their readiness to further explore the Chinese market and continue to expand investment in China.
China's 15th Five-Year Plan to create opportunities for multinational corporations: vice premier
China's 15th Five-Year Plan to create opportunities for multinational corporations: vice premier
The 32nd Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting concluded in east China's Suzhou on Saturday, yielding fruitful results and laying significant groundwork for the APEC Economic Leaders' Meeting in November.
The trade ministers' meeting focused on "building an open and predictable regional and multilateral economic and trade order" and "fostering new engines of innovative and dynamic trade and investment cooperation."
Chinese Commerce Minister Wang Wentao briefed the media on the meeting's outcomes at a press conference.
Wang said the meeting issued a joint statement titled the Suzhou Statement, and approved the latest edition of the APEC Roadmap for Innovative, Competitive and Resilient Services.
All parties agreed to advance policy innovation and reform in services trade, build an open and predictable investment environment, improve regional trade facilitation and supply chain resilience, strengthen standards coordination, and enhance intellectual property protection, Wang told the media.
He also said that substantial progress was made on a framework document for regional digital trade cooperation and the ministers emphasized promoting inclusive AI development, strengthening AI-related trade, and bridging the digital divide to ensure shared benefits from digital transformation.
The minister noted that the outcomes of the meeting demonstrated strong cooperation willingness, highlighted an innovation-oriented approach, and reflected inclusiveness and shared benefits. "The fact that Asia-Pacific economies can come together, uphold the original aspiration of promoting trade and investment liberalization and facilitation while supporting economic growth and prosperity, and engage in in-depth discussions on the important issue of 'where multilateral and regional economic and trade cooperation is headed,' fully demonstrates that open regionalism and true multilateralism enjoy broad support, and that mutual success and shared development serve the fundamental interests of all economies," Wang said.
2026 APEC trade ministers' meeting concludes with fruitful results
