Door to American businesses opening wider, says Xi Jinping

TRADE PUSH

During his meeting with leading US chief executives in Beijing summit, the Chinese president discusses ways to boost economic relations

AP

Beijing

China’s door to American business will only open wider and wider, President Xi Jinping told American CEOs during his meeting with US President Donald Trump, China’s official Xinhua news agency reported.

“Xi said that US companies are deeply involved in China’s reform and opening up, and both sides have benefited from this,” according to a report from state-backed newspaper Xinhua.

“Noting that China’s door will only open wider, Xi said China welcomes the US to enhance mutually beneficial cooperation with China, and expressed belief that US companies will enjoy even broader prospects in China.”

“The two sides discussed ways to enhance economic cooperation between countries, including expanding market access for American businesses into China and increasing Chinese investment,” The White House said on X. Trump said the business leaders he brought along all respect and value China and he encourages them to expand cooperation with China, the report said.

Trump introduced the business leaders to Xi one by one. The business people said they highly value China’s market, hope to deepen their operations in China and stren­g­then cooperation with China, the report added.

Travelling to China as part of the US delegation are some 17 CEOs, including Tesla’s Elon Musk, Apple’s Tim Cook and Boeing’s Kelly Ortberg, the White House said. 

The US entrepreneurs said they attach great importance to the Chinese market, and hope to deepen business ope­rations in China and streng­then cooperation with China.