China reaffirms support for US businesses, encourages deeper investment

China’s top industry regulator reaffirmed the country’s commitment to supporting foreign-funded enterprises during a meeting with major US companies, including Apple Inc., in Beijing on Tuesday.

Li Lecheng, minister of industry and information technology, said the ministry will continue to offer strong service support for US firms operating in China. He encouraged American companies to deepen their presence, expand investments, and actively participate in China’s push for new industrialization.

Li made the remarks during a meeting with a delegation from the US-China Business Council (USCBC). Discussions focused on enhancing cooperation in key sectors such as equipment manufacturing and smart technologies.

The delegation included representatives from leading US corporations such as Thermo Fisher Scientific, Otis Worldwide, and Apple, according to the Ministry of Industry and Information Technology (MIIT).

Li expressed his hope that the USCBC would play a constructive role in promoting healthy industrial collaboration and economic exchanges between China and the United States.

“We encourage the USCBC to help foster favorable conditions for stronger China-US industrial cooperation and business ties,” Li said. “By providing more competitive products and services, we can achieve mutual benefit and win-win outcomes.”