BEIJING, Oct 25 – China’s Commerce Minister Wang Wentao on Friday met with visiting Apple CEO Tim Cook, welcoming the US-based tech giant to seize opportunities and expand in the Chinese market and vowing to further optimize the business environment and provide high-quality services for foreign businesses.
For his part, Cook said that China’s rapid development has helped Apple achieve fast and sustainable growth, pledging to increase investment in supply chain, R&D and other areas, according to a statement issued by the Ministry of Commerce (MOFCOM).
During the meeting, Wang said the Third Plenary Session of the 20th Central Committee of the Communist Party of China has made systematic arrangements for improving systems and mechanisms for high-level opening-up.
China has also recently introduced new opening-up policy measures and has effectively moved to address issues of concern for foreign businesses, Wang said.
On the China-US economic and trade cooperation, the Chinese Commerce Minister also stressed that mutually beneficial and win-win cooperation between China and the US is in the fundamental interests of the two countries and is a stabilizing force for the bilateral relationship.
