China_Reaffirms_Open_Markets_in_High_Level_HSBC_Talks

China Reaffirms Open Markets in High-Level HSBC Talks

Chinese Vice President Han Zheng emphasized China's commitment to economic openness and multilateral cooperation during a meeting with HSBC Group Chairman Mark Tucker in Beijing on Wednesday. The discussion highlighted growing business confidence in China's development trajectory amid global uncertainties.

"In a world full of uncertainties, China is committed to high-standard opening up and firmly supports multilateralism," Han stated, underscoring the nation's role as a stabilizing force in international economics. The vice president noted that strengthened China-Britain relations benefit both nations while "providing certainty for the world."

Han encouraged HSBC to deepen its engagement with the Chinese market, recognizing the financial giant's potential to foster stronger China-Europe ties. Tucker responded that HSBC maintains "full confidence" in China's economic outlook, pledging to support sustainable Britain-China relations through continued investment.

The meeting comes as foreign enterprises increasingly look to China's vast consumer market and manufacturing ecosystem. HSBC, which derives significant revenue from Asia, recently announced plans to invest $6 billion in regional expansion by 2026.

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