Chinese Vice Premier He Lifeng has called on U.S. businesses to deepen their cooperation with China, emphasizing the mutual benefits of stronger economic ties. During a meeting on Monday with Stephen Schwarzman, chairman of the Blackstone Group, at the Diaoyutai State Guesthouse in Beijing, He highlighted the positive momentum of China’s economy.
“China encourages more U.S. companies and long-term capital to continue deepening mutually beneficial cooperation with China,” He said, noting that such efforts play a crucial role in promoting healthy bilateral economic and trade relations.
He, who is also a member of the Political Bureau of the Communist Party of China Central Committee, pointed out that China’s economy is showing vitality and dynamism. He mentioned that the new development paradigm, which focuses on domestic circulation while fostering mutual reinforcement between domestic and international circulations, is accelerating and promises even brighter prospects.
Schwarzman expressed confidence in China’s economic development. He conveyed his willingness to continue deepening Blackstone’s involvement in the Chinese market, aiming to contribute actively to stronger U.S.-China economic and trade cooperation.
The meeting underscores ongoing efforts by both nations to enhance economic collaboration despite global challenges, reflecting a shared interest in fostering growth and stability.
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Vice premier urges more U.S. companies to deepen cooperation in China
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