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Wang Wentao Meets Tim Cook: Navigating Sino-US Economic Relations

According to the Ministry of Commerce website, on October 15th, Wang Wentao, Minister of the Ministry of Commerce, met with Tim Cook, CEO of Apple Inc. Both parties exchanged views on topics such as Sino-US economic and trade relations, the development of artificial intelligence, and Apple’s business activities in China.

Wang Wentao Meets Tim Cook: Navigating Sino-US Economic Relations

Wang Wentao said that under the consensus reached by the two heads of state, which aims to establish "constructive strategic relations between China and the US based on respect, fairness, and equality," positive results have been achieved in Sino-US economic and trade consultations. China advocates for the safe and controllable development of artificial intelligence, its benefits being beneficial to all, and cooperative governance. It is hoped that Apple will play a role as a communication bridge and contribute to the continuous and stable development of Sino-US economic and trade relations. Currently, China is firmly expanding its opening up at a high level, continuously improving its business environment, expanding and upgrading its consumer market, and strengthening its green supply chain. These efforts will provide more opportunities for multinational companies to invest in China and transform their operations towards intelligence, sustainability, and innovation. It is hoped that Apple will continue to deeply engage in the Chinese market and share the opportunities of modernization in a Chinese style.

Wang Wentao Meets Tim Cook: Navigating Sino-US Economic Relations

Cook stated that Apple is optimistic about China's development prospects and will further expand its business in China. The company is also willing to play an active role in promoting the stable and healthy development of U.S-China economic and trade relations.