China pledges support for foreign companies, urges more US investment

( October 29, 2026, 04:04 GMT | Official Statement) -- MLex Summary: China’s Ministry of Industry and Information Technology said it was willing to work with the US to implement the consensus reached by the two countries’ leaders and further open its markets to foreign businesses. Vice Minister Xiong Jijun made the remarks during a meeting with an American Chamber of Commerce in China delegation led by its president, Michael Hart, in Beijing on Wednesday. The two sides discussed cooperation in new-energy vehicles, information technology and artificial intelligence. He encouraged US companies to increase investment in China’s advanced manufacturing sector and deepen cooperation with Chinese partners. The chamber said it would encourage its members to expand cooperation with China.Statement follows (in Chinese). ...

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