Chinese Vice Premier He Lifeng emphasized China's commitment to fostering international business collaboration during a high-profile meeting with Nvidia CEO Jensen Huang in Beijing on Thursday. The discussion underscored China's strategic efforts to attract global tech leaders amid evolving economic dynamics.
"China has always been a fertile ground for foreign companies to invest and trade," He stated, addressing Huang directly. He highlighted opportunities for U.S. firms to leverage their industrial capabilities in the Chinese market, adding that such partnerships could help companies "gain the first-mover advantage in global competition."
The meeting comes as global tech firms navigate complex supply chain realities and geopolitical considerations. Nvidia, a leader in AI and semiconductor technology, has maintained significant operations in the Chinese mainland, though recent U.S. export controls have challenged its regional market strategies.
Analysts view the dialogue as part of China's broader push to stabilize foreign investment flows and strengthen technological innovation through international collaboration. The engagement also signals potential opportunities for businesses navigating U.S.-China trade relations, particularly in emerging fields like artificial intelligence and advanced computing.
Reference(s):
cgtn.com