The 2025 Global Trade and Investment Promotion Summit, hosted by the China Council for the Promotion of International Trade, has drawn over 800 delegates from 48 countries and regions, marking the first major international business gathering since the U.S. and China finalized their Geneva trade agreement. The event underscores renewed efforts to strengthen economic ties amid global uncertainties.
Michael Hart, president of the American Chamber of Commerce in China, emphasized the enduring faith of U.S. enterprises in the Chinese market during an interview with CGTN. \"U.S. businesses here remain committed to long-term growth,\" Hart stated, highlighting the need for both governments to \"prioritize cooperation that benefits enterprises and consumers on all sides.\"
The summit comes as bilateral trade between the two economic powerhouses shows signs of stabilization, with recent data indicating a 4.2% year-on-year increase in cross-border investments. Analysts suggest the event could pave the way for streamlined regulatory frameworks and enhanced market access in sectors like green energy and advanced manufacturing.
Delegates from Southeast Asia, Europe, and Latin America also participated in discussions on supply chain resilience and digital trade, reflecting Asia's expanding role as a hub for global commerce.
