XI rents the contribution of foreign companies

President Xi Jinping reassured a group of foreign multinational leaders in the United States, Europe, Asia and South America on Monday that China is committed to advancing reform and openness, claiming that investment in China is investing in the future.

XI made these remarks during his meeting in the Great Salle of the People of Beijing with more than 40 representatives of the International Affairs community.

The meeting was the last in a series of interactions between high -level Chinese officials and world CEOs during last week, following the Chinese development forum in Beijing and the Boao Forum for Asia Annual Conference 2025, which ended in Hainan province on Friday.

“I would like to express my sincere thanks to all the foreign companies that have participated and supported the development of China,” XI told managers, whose companies cover areas such as science and technology, manufacturing and energy.

According to official statistics, by the end of last year, nearly 1.24 million companies financed abroad had been created in China, paid foreign capital reaching 20.6 Billions of Yuan (2.84 billions of dollars).

Last year, some 60,000 companies abroad were newly created in China, up 9.9% in annual shift.

XI said that the facts have proven that foreign backgrounds are important participants in Chinese modernization, key players in China's reform, openness and innovation, as well as crucial participants in China's connection to the world and involving the country in economic globalization.

Throughout the process, foreign companies have generally received substantial yields, have developed, have achieved mutual advantages and win-win results and also established deep friendships with the Chinese people, he said.

Note that opening is the fundamental policy of China, XI told business leaders that China promotes a high -level opening and institutional opening with regard to rules, regulations, management and standards.

The opening door of China will only open and wider, and the policy of using foreign investments has not changed and will not change, he said.

XI said that, as the country is committed to developing and accelerating green, digital and intelligent transformation and has a strong industrial support capacity, China can provide the best test field for the latest results of the technological revolution and industrial transformation.

Stressing that China is the second consumer market in the world and has the largest world -year -old population with intermediate income, XI said that China contains enormous investment and consumption potential.

In July of last year, the Chinese Communist Party held the third plenary session of its 20th Central Committee, presenting the roadmap and the calendar to further reform management systems for domestic and outdoor investment.

Last month, China published the action plan in 2025 to stabilize foreign investments, propose 20 new measures on the expansion of self-initiated opening in a orderly manner and stimulate foreign investments.

China will further extend its opening by focusing on the drop in market entry threshold, said XI, promising to ensure fair playground for foreign companies in China and provide guarantees of convenience and legitimate for foreign investments in the country.

At the same time, China will continue without unraveling a peaceful development path and will endeavor to create an empowering environment for foreign companies, he added.

XI said China has been and will remain an ideal, safe and promising investment destination for foreign companies. The partnership with China will bring more opportunities. To believe in China is to believe tomorrow. Investment in China is investing in the future, he added.

The meeting of Friday came in the context of global economic fragmentation and increasing uncertainty, and China has repeatedly expressed a firm opposition to unilateralism and protectionism. In recent weeks, the new American administration has adopted an increasingly protectionist trade policy by imposing various tariff cycles on other countries.

XI told business leaders on Friday that multilateralism is the inevitable choice to meet the difficulties and challenges that the world is confronted, and economic globalization is an unstoppable historical trend.

Foreign companies, in particular multinational companies, play a crucial role and have important responsibilities in maintaining world economic order, said XI.

He underlined the need to work together to maintain the multilateral trading system, maintain the stability of industrial and world supply chains and preserve an open and cooperative international environment, guiding economic globalization in the right direction.

The leaders of Fedex, Mercedes-Benz, Sanofi, HSBC Holdings, Hitachi, Sk Hynix and Saudi Aramco were among the world's CEOs who attended the meeting.

Ola Kallenius, president of the Board of Management of Mercedes-Benz Group AG, said that the meeting has shown that “the Chinese government responds to great importance to advance high-level opening, its role in stabilizing the world economy and foreign companies that invest in China, which is very encouraging”.

“This year marks the 20th anniversary of our R&D and our production in China, we will continue to invest in China, create and share development opportunities on the Chinese market,” he added.

Paul Hudson, CEO of Sanofi, expressed at the meeting of his sincere appreciation to the Chinese government for the commitment to deepen the reform and the opening as well as to promote an environment that supports innovation and long -term investments.

“China, under your solid leadership, continues to be a key engine of global economic growth with continuous dialogue, mutual trust and growing collaboration. We are convinced that China will remain a leading global investment destination,” Hudson told Xi.

The president and chief executive officer of Fedex, Raj Subramaniam, said that private foreign companies like Fedex will continue to play a role in “the construction of bridges”, that is to say ties of people to people who have crossed politics and serve the interests of humanity.

Cao Desheng contributed to this story.