China’s Vice Premier He Lifeng met with executives from leading global companies, including Apple, Pfizer, Mastercard, Cargill, and others, to reaffirm the country’s commitment to improving its business environment and attracting foreign investment. The meeting, held on Sunday, aimed to reassure corporate leaders about China’s economic resilience and growth potential.
He emphasized that China remains “highly resilient” and “full of vitality,” encouraging multinational companies to expand their investments and strengthen partnerships within the country. The effort comes as Beijing faces increasing geopolitical tensions and the economic strain of U.S. tariffs.
Apple CEO Tim Cook also met with the chairman of the China Council for the Promotion of International Trade, who welcomed deeper supply chain cooperation. Additionally, pharmaceutical firms Eli Lilly, medical device maker Medtronic, and glass manufacturer Corning were among those engaged in discussions.
The meetings occurred ahead of the China Development Forum, where Chinese Premier Li Qiang called for market openness to counter rising global uncertainties. U.S. Senator Steve Daines and senior U.S. executives also had the opportunity to voice their views directly to Li.
Despite challenges, some CEOs expressed long-term confidence in China’s market. Corning’s CEO Wendell Weeks reaffirmed the company’s commitment to continued investment, while Amway’s chief executive Michael Nelson indicated the company remains optimistic about future growth opportunities in China.
With American firms comprising the largest group of attendees, the forum highlighted China’s ongoing efforts to strengthen economic ties and foster global business collaboration.
