Chinese Commerce Minister Wang Wentao reiterated China’s commitment to fostering international business partnerships during a meeting with Corning CEO Wendell P. Weeks this week. The discussions marked their second engagement this month, underscoring deepening collaboration between the U.S.-based technology giant and the Chinese mainland.
Weeks reported a significant revenue increase for Corning in 2024, attributing part of the growth to its operations in China. He emphasized plans to expand investments in advanced manufacturing and R&D facilities, aligning with China’s push for high-tech innovation. Minister Wang praised the “fruitful exchanges” as a model for cross-border cooperation.
The dialogue coincides with the China Development Forum in Beijing, where global business leaders and policymakers are discussing Asia’s evolving economic landscape. Corning’s expansion strategy highlights the persistent confidence of foreign enterprises in China’s market potential, despite broader geopolitical tensions.
