Chinese Premier Reaffirms China’s Open Market to Tesla CEO

Beijing, The Gulf Observer: Chinese Premier Li Qiang reiterated China’s commitment to maintaining an open market for foreign-funded enterprises during a meeting with Elon Musk, CEO of Tesla, the U.S.-based electric carmaker, in Beijing on Sunday. This exchange underscores China’s dedication to fostering a conducive environment for international investment.

Premier Li emphasized that China remains steadfast in its efforts to expand market access and enhance services to facilitate foreign-funded enterprises, ensuring they benefit from an improved business environment and robust support mechanisms. This commitment aims to instill confidence among companies from across the globe to invest in China securely.

Highlighting Tesla’s successful development in China as a testament to fruitful China-U.S. economic cooperation, Premier Li underscored the importance of equal cooperation and mutual benefit for both nations’ interests. He emphasized the significance of such cooperation under the strategic guidance of the respective heads of state.

Expressing optimism for strengthened bilateral ties, Premier Li expressed hope for increased efforts from both the United States and China to meet halfway and foster the stable development of their relationship.

In response, Elon Musk lauded Tesla’s Shanghai Gigafactory as the company’s top-performing facility and expressed eagerness to deepen collaboration with China, aiming to achieve further mutually beneficial outcomes.

The meeting between Premier Li Qiang and Elon Musk signifies a reaffirmation of China’s commitment to fostering an open and inclusive environment for foreign investment, as well as a testament to the potential for fruitful collaboration between China and the United States in the economic sphere.