During a meeting in Beijing, China's Vice Premier He Lifeng reassured leaders of foreign corporations about the business potential in China. The meeting included discussions with executives from companies such as Apple, Pfizer, Mastercard, and Cargill. He also met with representatives from Eli Lilly, Medtronic, and Conning.

He emphasized China's commitment to improving the business environment and welcoming more investment from multinational companies. Describing China's economy as robust and dynamic, he encouraged the business leaders to explore development opportunities in the country.

The specific location of the meeting was not disclosed, but many foreign CEOs were reported to be in Beijing for a business forum. Beijing is actively seeking foreign investment to boost domestic consumption and navigate geopolitical tensions, following the imposition of U.S. tariffs.

At the China Development Forum, Chinese Premier Li Qiang urged countries to open up their markets to counter increasing instability. U.S. Senator Steve Daines, along with American company executives, met with Li to discuss economic matters. Despite a slight decrease in American CEO attendance compared to the previous year, there was significant participation from various countries, with American firms being the largest contingent.

The information was reported by Liz Lee and the Shanghai newsroom, and the article was edited by Tom Hogue and Sonali Paul.