Chinese President Xi Jinping invited 40 foreign business executives to Beijing on Friday to boost investor confidence and restore stable international trade ties.
https://x.com/shen_shiwei/status/1905500630044774853
The business leaders who met with President Xi included executive members of AstraZeneca, FedEx, Saudi Aramco, and Standard Chartered. China’s economic system depends heavily on foreign companies which Xi recognizes and appreciates for sustaining his nation’s infrastructure.
At this meeting Xi discussed how major companies participate in keeping worldwide markets secure. He stated that foreign businesses significantly improve China’s economic numbers.
China’s economic metrics:
- One-third of imports and exports
- One-quarter of industrial added value
- One-seventh of tax revenue
- Creating over 30 million jobs
China faces major issues with international investments while this conference takes place. According to official statistics FDI reduced by 27.1% during 2024 creating the biggest drop since 2008 Great Financial Crisis.
Xi now meets directly with business leaders to run diplomacy differently from how previous Chinese leaders did it. Before this recent period the Premier handled these business meetings yet President Xi now takes personal charge to rebuild trust among international investors.Several weeks after the China Development Forum the president held direct talks with global business leaders about current market uncertainty issues. Xi’s own leadership matters indicate that he wants China to bring back foreign companies invested in the Chinese market.
