China Welcomes Foreign Businesses to Share in Development Dividends

China Welcomes Foreign Businesses to Share in Development Dividends

In a significant move towards embracing global collaboration, China has extended an open invitation to foreign businesses to participate in its burgeoning economic growth. Vice Commerce Minister Wang Shouwen announced this initiative during a meeting in Beijing on Wednesday with Robert Goldstein, Chairman and CEO of Las Vegas Sands Corp.

Highlighting China’s shift towards high-quality development, Wang emphasized the country’s commitment to green and low-carbon growth, which is unlocking new opportunities across various sectors. “China’s economy has demonstrated strong resilience and intrinsic momentum,” Wang stated, “playing a crucial role in boosting global confidence in development.”

The meeting between Wang and Goldstein focused on China-U.S. economic and trade relations and the continued growth of Las Vegas Sands Corp. in China. Wang, who also serves as China’s international trade representative, reassured that the third plenary session of the 20th Communist Party of China Central Committee has set out comprehensive plans to enhance institutions and mechanisms supporting high-standard opening up.

“China encourages foreign businesses, including Las Vegas Sands Corp., to seize the opportunities in the market,” Wang added, inviting international investors to be part of China’s development journey.

Goldstein expressed optimism about the collaborative potential between the world’s two largest economies. “China and the United States can benefit each other and the world through their cooperation,” he said. He also revealed that Las Vegas Sands Corp. plans to continue increasing its investment in China for mutually beneficial outcomes.

This dialogue underscores the importance of Sino-American economic ties and reflects China’s willingness to foster a more open and inclusive economic environment. For global investors and businesses, China’s evolving market presents a myriad of opportunities for growth and partnership.

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