Attendees included Shen Haixiong, Vice Minister of the Publicity Department of the Communist Party of China (CPC) Central Committee and President of CMG; Ren Hongbin, Chairman of CCPIT; Xin Guobin, Vice Minister of Industry and Information Technology; Ling Ji, Vice Minister of Commerce and Deputy China International Trade Representative; Zhao Zenglian, Deputy Chief of the General Administration of Customs; Pu Chun, Vice Minister of the State Administration for Market Regulation; and Steven Barnett, the International Monetary Fund’s Senior Resident Representative for China. Together, they launched the “Deepening Footprint – MNEs’ Success in China.”
AmCham China President Michael Hart also delivered a speech at the event, emphasizing its significance for economic cooperation and investment. He stated, “Each business chamber and our member companies contribute to the strength of China’s economy, to the strength of our home economies, and to a robust global trading system by fostering business dialogues and partnerships.”
Hart highlighted the mutual benefits of foreign investment in China, saying, “Foreign firms that make an investment in China believe they can make a profit as they bring benefits to their new customers and are committed to also helping the communities where they invest. We have seen multiple examples of this for decades. I am proud of what US companies are doing in China.”
He also acknowledged the challenges faced by foreign businesses, noting, “And yes, surely along the way there are challenges. Each year we and our fellow business chambers conduct surveys, write white papers and advocate for our members. And I’m pleased that we regularly get meetings with Chinese leaders who allow us to talk about regulatory differences, market access, and geopolitical tensions. The outcome we are all looking for are strategies for navigating these obstacles and fostering a conducive investment environment.”
Other attendees included Adam Dunnett, Secretary General of the European Chamber of Commerce in China; the Chairman of the Pacific Asia Travel Association (PATA); investor Jim Rogers; and Ueda Toshihiro, Vice President of the Japanese Chamber of Commerce and Industry in China. Nearly 50 representatives from multinational enterprises also participated in the event.
Peng Jianming, General Director of CMG’s Executive Office, expressed CMG’s dedication to fostering global communication and promoting mutual learning. He highlighted the role of the “China Investment Dialogue” as a platform for building a more equitable, prosperous, and sustainable future.
Ren Hongbin, Chairman of CCPIT, spoke on the opportunities presented by Chinese-style modernization for global enterprises, pledging CCPIT’s support in providing high-quality platforms and comprehensive services to aid the development of foreign-funded enterprises in China.
Other key officials, including Xin Guobin, Ling Ji, Zhao Zenglian, and Pu Chun, shared insights on China’s supportive policies for foreign enterprises, emphasizing the commitment to creating a conducive business environment through regulatory reforms and market-oriented initiatives.
The event also featured the announcement of CCTV Business Channel’s “Invest in China” Outstanding Cases 2024, celebrating enterprises that have shown remarkable investment and growth in China, reinforcing the sentiment that investing in China is an investment in the future.