Beijing, Wednesday – In a move signaling fresh momentum for global finance, Chinese vice premier He Lifeng sat down with Morgan Stanley Co-President Dan Simkowitz to discuss deepening ties between U.S. financial powerhouses and China's capital markets.
He Lifeng, who also sits on the Political Bureau of the Communist Party of China Central Committee, highlighted China's commitment to high-quality development through high-level opening up. "Our goal is clear: invigorate both the national and global economies by welcoming more U.S.-funded financial institutions and long-term capital to participate in market construction," he said.
Simkowitz applauded the "substantive progress" made in recent U.S.-China economic and trade talks. He reaffirmed Morgan Stanley's focus on the Chinese market, promising high-quality services that foster investment cooperation between U.S. and Chinese enterprises.
For globally minded young investors and innovators, this invitation offers a window into a new era of cross-border finance. As China continues to refine its capital market infrastructure, opportunities for sustainable finance, fintech partnerships and startup funding could surge, reshaping how G20 economies connect.
What's next? Watch for fresh collaboration projects, joint ventures and potentially, more major U.S. banks answering the call to China's high-level opening up.
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Chinese vice premier invites U.S. financial firms to China's market
cgtn.com
