SOURCE / ECONOMY
Elon Musk praises China's ‘amazing’ economic prosperity on CPC centenary
Published: Jul 01, 2021 04:02 PM
Screenshot of Musk's Weibo

Screenshot of Musk's Weibo

Overseas companies congratulated China on its remarkable achievements made under the leadership of the Communist Party of China (CPC), on their social media platforms, after Chinese President Xi Jinping delivered an inspiring speech at a grand gathering celebrating the CPC centenary in Beijing on Thursday.

During the speech, Xi announced that China had realized the first centenary goal of building a moderately prosperous society in all respects, and said that China is now marching toward the second centenary goal of building the country into a great modern socialist country.

Elon Musk, founder of Tesla Inc, praised China's economic achievements on his SinaWeibo account at around 10:00 am Thursday

"The economic prosperity that China has achieved is truly amazing, especially in infrastructure! I encourage people to visit and see for themselves," he wrote, posting a picture that contains Xinhua's news posts about Xi’s speech.

L'Oreal China president Fabrice Megarbane also delivered congratulations to the 100th birthday of CPC. 

In a statement sent by the company to the Global Times, he said that L'Oreal has "intimate knowledge" of President Xi's comments about opening-up being the key to China's role in the world. 

"We have been witness, participator and beneficiary of China's economic leap and opening-up reforms...Now, as China is pushing a higher level of opening-up, it makes us very confident of China's long-term economic prosperity and growth," he said.
SAIC-Volkswagen wrote on its Weibo account "look on the past hard times, and look to this age," which are excerpts from poems written by late Chinese leader Mao Zedong, while reposting news about the CPC centenary.

One day earlier on Wednesday night, GAC Toyota Motor also released a Weibo post saying that it would "bear in mind the original wishes, shoulder the responsibilities and set an example with ingenuity."  

In Xi's speech, he vowed that China will insist on cooperation and opening-up, oppose self-isolation, and object to hegemony and power politics.

Data provided by the United Nations Conference on Trade and Development recently showed that China attracted $163 billion of foreign direct investment in 2020, up 4 percent on a yearly basis, making it the world’s largest recipient of FDI last year.
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