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China seeks increased U.S. financial cooperation

News Desk by News Desk
December 5, 2024
in China
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China seeks increased U.S. financial cooperation
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China is open to welcoming more U.S. financial institutions and long-term capital to further strengthen mutually beneficial cooperation with China, said Vice Premier He Lifeng on Wednesday.

He, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, shared these views during a meeting with John Waldron, president and chief operating officer of Goldman Sachs Group, in Beijing.

He highlighted that China is fully implementing the principles set out by the 20th CPC Central Committee’s third plenary session. The country is steadily advancing major reforms and continuously opening up at a high level.

“We welcome more U.S. financial institutions and long-term capital, including Goldman Sachs Group, to deepen their mutually beneficial cooperation with China and contribute to the healthy development of China-U.S. relations,” He emphasized.

John Waldron, president of Goldman Sachs Group, expressed confidence in China’s economy and future prospects, stating the company is eager to expand its cooperation with China and contribute to the promotion of U.S.-China economic and trade relations.

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