Intensive visits to China by American business community - Chinese response

date
01/06/2025
The China Council for the Promotion of International Trade held a routine press conference on May 30. The spokesperson of the China Council for the Promotion of International Trade, Zhao Ping, attended the conference, introduced relevant information, and answered questions from the media. A journalist asked: Last week, Jamie Dimon, Chairman and CEO of JPMorgan Chase, visited China and expressed willingness to continue deepening involvement in the Chinese capital market. What is the comment of the China Council for the Promotion of International Trade on this? Zhao Ping pointed out that Jamie Dimon, Chairman and CEO of JPMorgan Chase, visited China recently. Vice Premier of the State Council, He Lifeng, met with Dimon, emphasizing the welcome to deepen mutually beneficial cooperation with the United States, including JPMorgan Chase. Dimon positively evaluated the results of the U.S.-China economic and trade talks, expressing willingness to continue deepening involvement in the Chinese capital market and better serving multinational companies expanding business in China and Chinese companies' overseas development. Dimon also expressed optimism about the prospects of China's economic development and willingness to strengthen cooperation with Chinese partners while meeting with Chamber of Commerce Chairman Ren Hongbin. Zhao Ping stated that coincidentally, at the same time, the 2025 Global Trade and Investment Promotion Summit was held, with enthusiastic participation from the U.S. business community members whose attitudes were completely consistent with Dimon's. Chairman of the American Chamber of Commerce in China, Tim Stratford, stated that American companies will continue to invest in China, participating in China's economic growth and innovation; Zhang Xiaoping, Chief Representative of China of the American Soybean Export Council, said they want to work hand in hand with China to meet the aspirations of all people for a better life; Manuel Sanchez, Director of the China Division of the U.S. Grains Council, pointed out that China is a very important market, and the U.S. Grains Council hopes to progress together with the Chinese market. Zhao Ping emphasized that the foundation of China-U.S. relations lies in the people. The willingness of the business communities of both sides to cooperate is clear and resolute. The intensive visits of the American business community to China are like votes with their feet, showing that "tariff policies" are not popular, and that open cooperation and mutual benefit should be the main theme of China-U.S. economic and trade relations. Next, we are willing to take the substantial progress in the China-U.S. economic and trade talks as an opportunity to build more platforms for communication and exchanges between the Chinese and American as well as global business communities, especially by continuing to promote international cooperation in industrial and supply chains through the successful organization of the Third Chain Expo.