The Ministry of Commerce of China File photo: VCG

 
Chinese commerce officials have been intensively meeting representatives from the US business community and academia, engaging in in-depth interactions on topics including China-US economic and trade relations and US companies' development in China. A Chinese expert said that the trend underscores China's opening-up commitment and the country's goal of a stable, healthy and sustainable bilateral relationship.

Li Chenggang, China international trade representative with the Ministry of Commerce (MOFCOM) and vice minister of commerce, met with Alex Rogers, president of Qualcomm Technology Licensing, in Beijing on Wednesday, according to a release on the MOFCOM website. 

In addition, Li met a delegation of member companies of the American Chamber of Commerce in China in Beijing on Monday, when the official stressed that China always welcomes companies from all countries, including the US, to invest in China and share in its development opportunities.

On the same day, Li also met Jeffrey Sachs, a professor at Columbia University, in Beijing, according to the website of the MOFCOM.

"Chinese commerce officials' intensive exchanges with US business and academic representatives send a signal of China welcoming American companies to expand in the China market, while China hopes to maintain a stable, healthy and sustainable China-US relationship," Huo Jianguo, a vice chairman of the China Society for World Trade Organization Studies in Beijing, told the Global Times on Thursday.

Despite growing global uncertainty, the Chinese economy continues to chart a course of resilient, high-quality development, posting a robust 5.2 percent year-on-year expansion in the second quarter of 2025. "China's stable economic growth will bring more opportunities for multinationals across the world, injecting more vitality and certainty into the world economy," Huo said.

China and the US are accelerating efforts to implement outcomes from the framework reached during the economic and trade talks in London, Wang Lingjun, deputy head of the General Administration of Customs, said at a press conference on Monday.

Following positive progress in recent economic and trade talks in Geneva and London, bilateral trade recovered to more than 350 billion yuan ($49 billion) last month from less than 300 billion yuan in May, Wang said.

The ongoing 3rd China International Supply Chain Expo (CISCE) has also attracted active participation by US companies, including Nvidia, Apple, Qualcomm and Tesla.

US electric-vehicle giant Tesla is attending the CISCE for the third consecutive year in Beijing. This year, Tesla showed products including its globally best-selling Model 3 and Model Y, the V4 Supercharger, and a second-generation humanoid robot, according to a statement sent to the Global Times.

As Tesla's global export center, the Shanghai Gigafactory boasts an annual production capacity exceeding 950,000 cars, with a component localization rate surpassing 95 percent, involving more than 400 first-tier local suppliers in China. The factory rolls off one assembled vehicle every 30 seconds, with those cars being exported to multiple markets including Europe and the Asia-Pacific region, fully demonstrating the synergy advantages of "Shanghai speed" and "China's smart manufacturing," the company said.

"While the sweeping US tariffs caused disruptions to the normal global trade order, many US businesses have maintained close cooperation with China, which is decided by economic principles," He Weiwen, a senior fellow at the Center for China and Globalization, told the Global Times on Thursday.

China offers complete industrial and supply chains, huge market potential, and a sound production and business environment crucial for the development of multinational companies, He said, while stressing that "a company can only achieve globalization by having businesses in the large Chinese market."

"The closely intertwined and complex supply chains between China and the US are mutually complementary, making it difficult for their economies to decouple. The business community has a greater role to play in ensuring stable and healthy China-US economic and trade relations," He said.