Vice Premier Welcomes More China us Financial Cooperation

China Invites More U.S. Financial Cooperation, Says Vice Premier

China’s Vice Premier He Lifeng has invited U.S. financial institutions and long-term investors to deepen cooperation with China, signaling a positive move towards stronger economic ties between the two countries. On Wednesday, He met with John Waldron, president and chief operating officer of Goldman Sachs Group, in Beijing to discuss opportunities for collaboration.

He Lifeng, who is also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, emphasized China’s commitment to ongoing reforms and higher levels of openness. "We welcome more U.S. financial institutions and long-term capital, including Goldman Sachs, to continue deepening mutually beneficial cooperation with China," he said. "We hope they will play a greater role in promoting the healthy development of China-U.S. relations."

Waldron expressed optimism about China’s economic prospects. "Goldman Sachs is full of confidence in China’s economy and future development," he remarked. "We are eager to continue expanding cooperation with China and contribute to promoting U.S.-China economic and trade cooperation."

This meeting comes as China implements the guiding principles from the recent CPC Central Committee plenary session, focusing on comprehensive reforms and opening up to the world. For young entrepreneurs and investors, this could mean new opportunities for innovation and collaboration across borders.

The strengthening of China-U.S. financial cooperation holds the potential to boost global economic growth, offering exciting possibilities for the future.

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