Beijing (TDI): China’s Commerce Minister Wang Wentao said the country’s trade policies toward trading partners, including the European Union (EU), have consistently been stable, and welcomed European companies to increase their investment in China.
Wang made the remarks on Monday during a meeting with Airbus CEO Guillaume Faury, the ministry said in a statement on Tuesday.
While the world economy faces severe challenges, the long-term positive trend of China’s economy remains unchanged as it enjoys strong resilience, huge potential, and vitality, Wang said, adding that Beijing is confident in its ability to continue to achieve stable economic development.
He said that despite changes in the external environment, Beijing’s policies and expectations remain stable.
China will continue to advance high-level opening up, optimize the business environment, and strongly encourage foreign investment, the minister added.
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Wang expressed optimism that European companies, including Airbus, would seize opportunities to boost their investment in China and deepen industrial collaboration in a bid to contribute more quality products and services to both China and the rest of the world.
Faury said that Airbus has been in China for more than thirty years and has been committed to developing its business and partnerships in the country.
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As a multinational company, Airbus looks forward to stability and certainty in international economic development and does not wish to see uncertainties arising from any additional tariff policies, Faury said.
Airbus remains optimistic about the Chinese market and is committed to expand its investment and presence in the country for better development in the future, Faury added.
