China and Apple Strengthen Economic and Technological Collaboration
In a significant move towards enhancing bilateral relations, China's Minister of Commerce Wang Wentao met with Apple CEO Tim Cook in Beijing on Friday. The discussions centered around Apple's growth and strategic expansion plans within China, as well as fostering economic and trade exchanges between China and the United States.
Minister Wang expressed his appreciation for Apple's ongoing commitment to deepening its presence in the Chinese market. He highlighted China's robust and resilient economy, emphasizing the accelerated development of innovation-driven, high-quality productive forces, particularly in sectors such as artificial intelligence and cloud computing. These advancements present substantial opportunities for multinational corporations like Apple.
Wang pointed out that China's vast market size, well-established industrial system, highly-skilled workforce, and a stable, open business environment create an ideal setting for business growth and innovation. He underscored the importance of Sino-American economic and trade cooperation as a stabilizing force in bilateral relations and affirmed China's readiness to collaborate with the United States to establish a fair, stable, and predictable environment for bilateral business cooperation.
On the other hand, Tim Cook acknowledged China's abundant talent pool and vibrant innovation ecosystem. He emphasized the critical role China plays as a key market and an essential supply chain partner for Apple. Cook reiterated that Apple plans to continue its growth trajectory in China by investing further in the country's supply chain and expanding its research and development initiatives.
This meeting marks a pivotal step in reinforcing the economic ties between China and one of the world's leading technology companies, setting the stage for future collaborations and mutual growth.
Reference(s):
cgtn.com
