In a significant move signaling closer ties between technology giant Apple and China, Apple’s CEO Tim Cook met with China’s Minister of Commerce Wang Wentao in Beijing on Friday. The meeting focused on expanding Apple’s operations in China and enhancing economic and trade cooperation between China and the United States.
Minister Wang Wentao welcomed Apple’s continued commitment to the Chinese market, emphasizing the resilience of China’s economy and its openness to international businesses. He highlighted China’s accelerated development in high-tech sectors such as artificial intelligence and cloud computing, noting that these areas present substantial opportunities for multinational corporations like Apple.
“China boasts a vast market scale, well-established industrial systems, highly skilled human resources, and a stable and open business environment—all essential factors for growing businesses,” Wang stated. He underscored the importance of Sino-American economic and trade cooperation as a stabilizing force in bilateral relations, expressing China’s readiness to work with the United States to create a fair, stable, and predictable environment for business collaboration.
Tim Cook acknowledged China’s abundant talent pool and vibrant innovation ecosystem. He emphasized China’s significance as a critical market and key supply chain partner for Apple. “We are committed to deepening our presence in China and investing in the country’s supply chain, research, and development,” Cook affirmed.
The discussion between Wang and Cook reflects ongoing efforts to strengthen economic ties between China and the United States amid a complex global trade environment. The commitment from both sides indicates a mutual interest in fostering collaborative growth and innovation in the technology sector.
Apple’s continued investment in China aligns with its global strategy to tap into emerging markets and leverage local expertise. As China advances in high-tech industries, collaborations like this are poised to benefit both the Chinese economy and multinational corporations seeking growth opportunities.
Reference(s):
cgtn.com
