According to the news on the Ministry of Commerce website on April 7th, on April 6th, Vice Minister of Commerce and Deputy Representative of International Trade Negotiations Ling Ji convened a roundtable meeting with American-funded enterprises. Representatives from more than 20 American-funded enterprises such as Tesla, GE Healthcare, Medtronic, etc. attended the meeting.
Ling Ji stated that President Xi Jinping fully affirmed the important role played by foreign-funded enterprises in China's reform and opening-up and modernization construction when he met with representatives of international business community on March 28th. We will resolutely implement the spirit of President Xi Jinping's important speech. Regardless of how the international situation changes, China's determination to promote reform and opening-up remains unchanged. Multilateralism is the inevitable choice to solve the difficulties and challenges facing the world. China's door to openness will only become wider. The policy of utilizing foreign capital has not changed and will not change. The Ministry of Commerce will continue to provide guarantees for foreign-funded enterprises in China, including American-funded enterprises, in accordance with the law, protect the legitimate rights and interests of foreign-funded enterprises, and actively promote the resolution of issues and demands raised by foreign-funded enterprises. China has been, is now, and will always be an ideal, safe, and fruitful investment land for foreign businessmen.
Ling Ji emphasized that in recent days, the United States has imposed tariffs indiscriminately on all trading partners, including China, under various pretexts. This severely damages the multilateral trading system based on rules and seriously infringes upon the legitimate rights and interests of all countries. The Chinese government strongly condemns this and firmly opposes it, and has taken decisive countermeasures. China's countermeasures are not only to firmly uphold the legitimate rights and interests of enterprises, including American-funded enterprises, but also to urge the United States to return to the correct track of the multilateral trading system. The root cause lies in the United States. It is hoped that American-funded enterprises will trace the source, clarify the causes, voice rational opinions, take practical actions, and jointly maintain the stability of the global industrial and supply chains, promoting win-win cooperation.
The representatives of the attending enterprises expressed that this meeting conveyed positive signals and fully recognized the consistent implementation of the spirit of President Xi Jinping's important speech on March 28th. They will report this to their headquarters in a timely manner. During the meeting, enterprise representatives reflected on the problems encountered in current investment and operations. Relevant officials from the relevant departments of the Ministry of Commerce responded one by one on the spot.
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