Xiao Yaqing: China welcomes US companies to expand investment in China and deepen mutually beneficial cooperation

On October 18th, Xiao Yaqing, Minister of Industry and Information Technology, met with a delegation led by Chairman Lambowen of the US-China Business Council in a video mode. The two sides exchanged in-depth views on China-US industrial development cooperation and other issues. Xiao Yaqing said that Chinese and American companies are interdependent in the global industrial chain. China welcomes American companies to expand investment in China and deepen mutually beneficial cooperation. It is hoped that US companies will continue to strengthen cooperation with the Chinese industry in areas such as new energy vehicles, biomedicine, and new-generation information and communications, and…