China Seeks to Bolster Foreign Business Confidence Amid Geopolitical Tensions

China's Vice Premier He Lifeng met with leaders of major multinational companies like Apple, Pfizer, and Mastercard to emphasize China's business potential amidst geopolitical tensions. The Chinese government aims to attract foreign investment and improve domestic consumption to counter economic slowdown and U.S. tariffs.


Devdiscourse News Desk | Updated: 24-03-2025 09:11 IST | Created: 24-03-2025 09:11 IST
China Seeks to Bolster Foreign Business Confidence Amid Geopolitical Tensions
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In a bid to reaffirm China's business appeal, Vice Premier He Lifeng held discussions with top executives from major corporations such as Apple, Pfizer, and Mastercard. The focus was on highlighting China's economic resilience amid ongoing geopolitical tensions.

Amid rising concerns over U.S. tariffs, China is keen on enhancing its business environment to attract more foreign investment. Vice Premier He emphasized the importance of multinational cooperation and assured leaders of a vibrant market waiting to be tapped.

During the discussions, the China Council for the Promotion of International Trade encouraged Apple to expand its supply-chain collaboration with China, reinforcing the country's commitment to easing investment processes for global firms.

(With inputs from agencies.)

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