China promises opening with advantageous results

The vice-prime minister of China told executives of several multinationals present in a local forum that the country will “continue to open”, with “advantageous results for all”.

On the sidelines of the China Development Forum, He Lifeng met with executive directors from companies such as Apple, Mercedes-Benz or Samsung, stressing that Beijing will take steps to “further improve the business environment”.

« China will host more investments from multinational companies, sharing development opportunities, » said the minister, quoted in a statement from the Chinese Ministry of Commerce.

The Forum, presented by Beijing as a dialogue platform between high Chinese government leaders, multinational and academic executives, comes at a time when Beijing is trying to recover foreign investment.

In 2024 this reached record negative flows in 2024, and promoting the development of the private sector, with confidence among investors near historical minimums.

He Lifeng described the Chinese economy as « very resistant » and « full of vitality. »

Some of the executives participating in the event, which ends this Monday, should meet this week with Chinese President Xi Jinping, according to Bloomberg news agency.