Nvidia Photo: VCG
China’s doors remain open to all foreign enterprises, including US companies, and the country’s policies on using foreign investment have not changed and will not change, Zhao Ping, spokesperson for the China Council for the Promotion of International Trade (CCPIT), told a press conference on Monday, responding to a question over Nvidia CEO Jensen Huang’s remark to continue cooperation with China during his recent trip.
At the invitation of the CCPIT, Huang recently visited China. Chinese Vice Premier He Lifeng met with Huang, emphasizing that China welcomes more US companies, including Nvidia, to deepen their presence in the Chinese market.
Huang’s visit caught much attention as the trip came at an important moment. “First, China’s attitude is clear. China’s doors remain open to all foreign enterprises, including US companies, and the country’s policies on using foreign investment have not changed and will not change,” Zhao said.
The attitude of the global business community is also clear. The 2nd APEC Business Advisory Council (ABAC) Meeting for 2025 was held in Toronto on April 24, during which Asia-Pacific business communities including those from the US unilaterally agreed to criticize the adverse impact of US tariffs on the Asia-Pacific economy and call for opposing unilateralism and protectionism in ABAC Letter to APEC Ministers, Zhao said.
Enterprises must operate in accordance with economic principles, and no country’s businesses can be exempt from this. Decoupling, setting trade barriers, and politicizing trade issues and abusing the security concept are widely against by the global business community, the spokesperson said.
China’s certainty augurs well for an uncertain world. “Our policies are transparent, stable, and predictable. With a massive consumer market, the world’s most complete industrial and supply chain systems, and a highly skilled workforce, China remains an engine for global growth,” Zhao said.
“The China market is very important to us, and it’s important to our growth,” Huang told reporters, according to a video posted by China News Service.
Looking ahead, the CCPIT will continue to serve as a bridge for dialogue between China, the US, and the global business community, and jointly voice firm support for multilateral trade systems, opposition to the abuse of tariffs and opposition to unilateralism, Zhao said.
“It is hoped that the US side will meet the shared expectations of both Chinese and US and international community, drop maximum pressure by weaponizing tariffs, and resolve each other’s concerns through equal and constructive dialogue so as to jointly boost the stable, healthy, and sustainable development of bilateral economic relations,” Zhao added.
