business · RTHK

He Lifeng meets Cook, welcomes deeper China ties

about 2 hours ago2 MIN
He Lifeng meets Cook, welcomes deeper China ties

Summary

Chinese Vice Premier He Lifeng met Apple executive chairman Tim Cook at the Great Hall of the People in Beijing on Monday, in an exchange focused on China-US economic ties and the operating environment for multinational companies. He said implementing the consensus reached by the two countries' leaders and building a constructive, strategically stable China-US relationship based on respect, fairness and equality would support economic stability and development in both countries and globally. He also said that would give multinational companies more predictable expectations and a better business environment, and welcomed technology firms including Apple to deepen mutually beneficial cooperation with China. Cook said Apple was fully confident in its long-term development in China and would serve as a bridge for communication within the business community to help promote stable and healthy US-China trade and economic relations.

Key Points

  • He Lifeng, a member of the Communist Party Politburo and a vice premier, met Tim Cook on Monday afternoon in Beijing's Great Hall of the People
  • He said carrying out the consensus of the Chinese and US leaders would aid economic stability and development in both countries and worldwide.
  • He described the desired bilateral framework as a constructive and strategically stable China-US relationship based on respect, fairness and equality.
  • He said such a relationship would provide multinational companies with more predictable expectations and a better operating environment in China.
  • Cook said Apple remained confident about its long-term development in China and would help advance stable, healthy US-China economic relations.

Why It Matters

For Hong Kong readers, the meeting points to Beijing's continued effort to reassure major foreign technology companies about the China market and business conditions. It also underlines how the tone of China-US relations can affect corporate planning, investment expectations and cross-border commercial sentiment across the region.

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