China's Commerce Minister: China welcomes further development of American companies in its market

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, March 24 (Xinhua) — China welcomes American companies to continue expanding their presence in the Chinese market and to develop and prosper together with China, Chinese Commerce Minister Wang Wentao said.

Wang Wentao made this statement on Monday during a meeting with a delegation of U.S.-China Business Council member companies, led by Chairman Raj Subramaniam and President Sean Stein. The two sides exchanged views on U.S.-China trade and economic relations, the development of American businesses in China, and other topics.

Although some differences and frictions are inevitable in the course of trade and economic cooperation between China and the US, it is crucial to respect each other's core interests and major concerns and properly resolve differences through equal dialogue, Wang Wentao noted.

He added that China hopes that the American side will move together with China to meet each other halfway to maintain stable, healthy and sustainable development of bilateral trade and economic relations.

China's economic development provides stability and certainty in a turbulent global environment, Wang Wentao said, stressing that the country will promote high-quality development, steadily advance high-level opening-up to the outside world, and continue to optimize its business environment.

The key provisions of China's 15th Five-Year Plan (2026-2030) not only serve as a new blueprint for China's development, but also open up new opportunities for global progress, he added.

During the meeting, American delegates emphasized the importance of continuing practical dialogue between China and the United States and expressed hope for the further development of bilateral trade and economic ties.

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