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The Chinese Prime Minister says that the Chinese market is always open to foreign companies

The Chinese Prime Minister says that the Chinese market is always open to foreign companies

Xinhua | April 29, 2024

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Chinese Premier Li Qiang meets with Elon Musk, CEO of US electric car maker Tesla, in Beijing, the capital of China, April 28, 2024. (Xinhua/Wang Ye)

Chinese Premier Li Qiang met in Beijing on Sunday with Elon Musk, CEO of US electric car maker Tesla, and promised that the Chinese market will always be open to foreign-funded companies.

Calling Tesla’s development in China a successful example of economic and trade cooperation between China and the US, Li said facts have proven that cooperation with equality and mutual benefits serves the fundamental interests of both countries and meets the common expectations of the two peoples.

It is hoped that the US will cooperate more with China to follow the strategic guidance of the heads of state of the two countries and promote the sustainable and stable development of bilateral ties, so as to bring more benefits to the people of both countries and the world. , Li said.

Noting that foreign-funded enterprises are indispensable participants and contributors to China’s development, the Prime Minister said China’s vast market will always be open to them.

China will act on his words and intensify efforts to expand market access and improve services, including to provide a more favorable business environment and stronger support for foreign enterprises, he said.

Musk said Tesla’s Gigafactory in Shanghai is the company’s best-performing factory, thanks to the dedication and wisdom of its Chinese team, and Tesla is willing to deepen cooperation with China to achieve more win-win results.