Tesla's electric vehicles park at a delivery center in Shanghai on September 2, 2025. Photo: Courtesy of Tesla China

The US electric carmaker Tesla reported on Thursday a record high of total business revenue and free cash flows in the third quarter of 2025, and it said that its Shanghai Gigafactory continues to serve as the company's global export hub.

Despite trade tensions, American companies across the tech and consumer sectors are reaping rewards in the Chinese market, with more efforts by businesses involving expansion and investment, underscoring their confidence in the economy.

On Thursday, Tesla said its total business revenue in the third quarter of 2025 rose 12 percent year-on-year to a record of $28.1 billion, its free cash flows reached $4 billion during the quarter, also a record high, according to a statement the carmaker sent to the Global Times.

The Shanghai Gigafactory continued to serve as the company's global export hub, supporting expansion in the Asia-Pacific market, the statement said. 

The US electric carmaker said that the Shanghai Gigafactory delivered more than 90,000 vehicles in September, with more than 71,000 sold in the Chinese market, up 25 percent month-on-month, citing data from the China Passenger Car Association.

On Tuesday, the Coca-Cola Co released its third-quarter results, demonstrating steady growth momentum. Net revenues for the quarter increased 5 percent to $12.455 billion, surpassing market expectations, and operating profit in the Asia-Pacific market, including China, rose 13 percent year-on-year, the company told the Global Times.

In October, Zhengzhou Swire Coca-Cola's new plant opened in Zhengzhou, Central China's Henan Province. With expected capacity exceeding 1 million tons, it will serve nearly 100 million consumers in the central market. In September, a new COFCO Coca-Cola plant officially commenced operations in Xi'an, Northwest China's Shaanxi Province. 

On Monday, US hospitality group Hilton announced the grand opening of Waldorf Astoria Shanghai Qiantan. Massive consumer upgrading and urbanization are creating sustained growth opportunities for US companies in China, including those in the tech and consumer sectors, Wang Peng, an associate researcher at the Beijing Academy of Social Sciences, told the Global Times on Thursday.

In his view, owing to its scale, efficiency, and innovative ecosystem, the Chinese market possesses irreplaceable strategic value for US companies. "China's resilient supply chain, industrial efficiency, and infrastructure constitute a core node for US firms' global strategy, which is difficult to replace in the short term," he added.

As global trade and investment face growing challenges, China has continued to expand its opening-up and demonstrated firm determination and pragmatic actions in stabilizing foreign investment.

The communique released upon the conclusion of the fourth plenary session of the 20th Central Committee of the Communist Party of China (CPC) on Thursday stressed that the country should promote high-standard opening-up and create new horizons for mutually beneficial cooperation. 

On Monday, the MOFCOM hosted a roundtable session on policy interpretation for foreign-invested enterprises in Beijing, with representatives from more than 170 foreign-invested companies and foreign business associations in China attending the meeting, according to the MOFCOM's website on Tuesday.

Ling Ji, vice-minister of commerce and deputy China international trade representative, said that amid a complex and severe external environment, the Chinese economy has demonstrated strong resilience and great potential and is brimming with vitality, which presents broad opportunities and positive prospects for foreign-funded enterprises.

The participating foreign companies noted that while international trade and investment are facing growing challenges, the Chinese government has demonstrated a firm resolve and taken concrete actions to widen market access and stabilize foreign investment to foster development. 

They expressed anticipation that China's 15th Five-Year Plan will provide broader development space for foreign enterprises, reaffirming their commitment to increasing investment in China, deepening cooperation, and contributing to the country's high-quality development.

In a note to the Global Times, Sergey Ustinov, general manager of Yandex Ads Asia Pacific, affirmed that China is a cornerstone of their global strategy—a position built on a decade of local presence since 2015 and a deep respect for the innovation and global ambition of Chinese enterprises.

He noted that over the past decade, their partners have progressed from tentative exploration to confident, technology-driven scale. Their commitment remains to co-create, combine local insight with cross-border capabilities, and unlock sustainable growth by continuing to invest and deepen cooperation in step with their clients' global ambitions.