American companies attach great importance to the upcoming meeting between Chinese President Xi Jinping and U.S. President Donald Trump and expect more positive outcomes, said Michael Hart, president of the American Chamber of Commerce in China.
Hart shared his expectations for the meeting in an interview with China Global Television Network (CGTN).
"So our AmCham China members continue to look for stability and predictability, and so as long as the two leaders meet and show us that they're committed to US-China trade, that will give us confidence for our members to continue to operate and invest in China," said Hart.
"We're looking forward to additional positive outcomes of this upcoming visit in September. So, we think it's important for the leaders to meet one-on-one; this sends a signal to both governments and also to companies to give us confidence that US-China trade will continue and is important," he added.
Xi is set to pay a state visit to the U.S. from Sept. 23 to 25 at Trump's invitation, marking an exchange of visits between the two leaders within six months. His visit is expected to bring greater stability and predictability to China-U.S. relations and beyond.
AmCham China president expects Xi-Trump meeting to bring stability, predictability
China's four global initiatives have moved beyond abstract concepts to deliver solid impacts and tangible benefits to countries around the world, China's permanent representative to the United Nations Fu Cong said.
In an interview with China Global Television Network (CGTN), Fu pushed back against claims that the initiatives are empty concepts designed only to serve China's own interests, offering concrete examples of their implementation.
"Let's take the Global Development Initiative for an example. As we say, we have mobilized 23 billion U.S. dollars in funding, and then we have funded 1,800 projects in over 100 countries. These are concrete products. And actually, I myself have witnessed some of the very successful products like the Juncao. It's quite famous. Juncao is a Chinese term, but actually it's quite famous in the UN already. And I saw with my own eyes how these, what we call the small and beautiful projects, how they are doing in the Global South countries, the countries I visited, Tanzania and Rwanda. They are very much welcomed," he said.
Fu concluded that the initiatives represent China's unique contribution to addressing shared problems and global challenges.
"The four global initiatives are not for China alone. It is global in nature. That is, as we often say, the Chinese solution to the world's problems," he said.
China's global initiatives deliver tangible results in over 100 countries: Chinese envoy
