In a series of high-profile meetings in Beijing last Friday, Vice Premier He Lifeng engaged with the leaders of Citigroup and Carlyle Group, underscoring the Chinese mainland's commitment to economic resilience and openness.
He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee, highlighted that China's economy has continued its notable rebound. “Our high-quality development efforts are yielding solid progress, demonstrating strong resilience and great vitality,” he said.
Looking ahead, Vice Premier He emphasized that China will continue to expand its high-level opening up to the outside world. “We are creating broad space for the long-term and stable development of multinational companies,” he added, welcoming foreign financial institutions to invest, start businesses, and join in building China's capital market.
John Dugan, Chair of Citigroup, reaffirmed the bank's commitment to the Chinese market. “Citigroup is eager to deepen its presence in China and further enhance investment cooperation,” Dugan said, highlighting the bank's plans to explore new ventures and support local growth.
Harvey Schwartz, CEO of Carlyle Group, echoed this optimism. “We are optimistic about China's economic development prospects and are committed to long-term cooperation and expanding our investment footprint,” Schwartz noted.
As global investors monitor the Chinese mainland's economic trajectory, these discussions signal a continued drive towards international collaboration and growth, with opportunities for multinational firms in one of the world's largest markets.
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Chinese vice premier meets chair of Citigroup, CEO of Carlyle Group
cgtn.com
