On September 23, Minister of Commerce Wang Wentao convened a roundtable meeting in New York with representatives from a number of Chinese enterprises operating in the United States. Attendees included executives from Chinese companies active in sectors such as finance, logistics, cross-border e-commerce, petrochemicals, telecommunications, rail transit, automotive components, new energy, and pharmaceuticals, as well as the leadership of the China General Chamber of Commerce – USA. Participants briefed the minister on their U.S. operations and presented specific requests and recommendations regarding safeguarding their interests and expanding pragmatic cooperation.
Wang Wentao noted that the strategic guidance provided by the two heads of state has laid out the principles and set the direction for the development of China-U.S. economic and trade relations. He highlighted that a series of important consensus outcomes have been achieved through multiple rounds of bilateral economic and trade consultations, significantly contributing to the stabilization of bilateral trade ties. He commended Chinese enterprises in the U.S. for their resilience and hard-won achievements amid challenges. Wang emphasized that the current global trade landscape and rules are suffering severe blows from unilateralism and protectionism. He urged enterprises to stay attuned to evolving dynamics, proactively respond to challenges, prioritize diversified market strategies and compliance-oriented operations, and seek certainty amid uncertainty. He encouraged them not only to “go global together” but also to “stand together in solidarity,” fostering collaboration and opposing the spillover of excessive domestic competition into overseas markets.
Wang further stated that MOFCOM attaches great importance to the development of Chinese enterprises in the United States. In line with the decisions and plans of the CPC central committee, the ministry will continue its efforts to stabilize China-U.S. economic and trade cooperation, resolutely safeguard the legitimate rights and interests of Chinese enterprises, and foster a favorable environment for mutually beneficial cooperation between businesses of the two countries.