Photo: Courtesy of China Chamber of Commerce for Import and Export of Machinery and Electronic Products

The China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) met with Myron Brilliant, senior advisor to the US consulting firm Albright Stonebridge Group, and his delegation on Tuesday afternoon in Beijing, where both sides reached multiple consensuses on strengthening exchanges and cooperation between the Chinese and US business communities and supporting Chinese firms in expanding into overseas markets, according to the official WeChat account of the CCCME on Wednesday.

The meeting highlights growing calls from the business community for greater predictability and stability in China-US economic and trade ties amid an increasingly complex global landscape, a Chinese analyst said. The development, the analyst added, underscores once again that a steady and reliable bilateral relationship aligns closely with the expectations of companies on both sides, including those in the US.

At the meeting, CCCME President Liu Chun welcomed Brilliant and his delegation, while noting that the Chinese chamber has consistently been committed to promoting broader economic and trade cooperation between China and the US, serving as a bridge for exchanges and collaboration among enterprises.

Brilliant emphasized at the meeting that regardless of changes in the international environment, China-US economic and trade cooperation remains of irreplaceable importance.

The American business representative said that he has long been committed to promoting China-US economic and trade cooperation and is willing to work closely with the CCCME to jointly help Chinese enterprises expand into international markets, support the healthy development of US-invested companies in China, and advance more practical outcomes in China-US economic and trade cooperation.

Also at the meeting, Stephen Bonner from the American company Texas Instruments introduced the company's 40-year history of deep engagement in the Chinese market and its business development in China, while expressing strong confidence in the prospects of the Chinese market.

Representatives of several Chinese companies, including e-commerce platform JD.com and the solar technology company LONGi Green Energy Technology Co, also attended the meeting and delivered remarks.

Against the backdrop of a relatively complex international environment, dialogue, exchanges, and cooperation between the business communities of China and the US have always played a positive and stabilizing role in reducing uncertainties in bilateral economic and trade relations, Bao Jianyun, dean and professor of the Department of International Politics at the School of International Studies at Renmin University of China, told the Global Times on Wednesday.

"This stability is reflected in anchoring expectations for future business interactions and in keeping communication channels open, while also setting a benchmark for more such cooperation going forward," said Bao.

At the same time, Bao noted that the visit reflects American companies are "voting with their feet" as they continue to expect deeper engagement in the Chinese market. After all, a stable and predictable China-US economic and trade relationship is consistent with the expectations of US companies, the expert said.

More and more American companies have shown strong confidence in the China market and expressed their commitment to further expanding their presence in China, a trend that is also reflected in recent corporate developments on the ground.

For example, on Wednesday, Zhuhai Coca-Cola Beverage Co (Zhuhai Coca-Cola) held a grand inauguration ceremony for its Jinwan New Plant in Jinwan district, Zhuhai, South China's Guangdong Province, marking the official opening of this green and smart manufacturing facility, according to a press release that the company sent to the Global Times.

With a total investment of approximately 835 million yuan ($122.40 million), the new plant, which covers 95,000 square meters of land and has a total built-up area of 84,000 square meters, represents a major milestone in the company's development, according to the company.

Coca-Cola's move is just one recent example of US companies further expanding their operations in China.

According to a recent report that the American Chamber of Commerce in South China provided to the Global Times, 95 percent of surveyed American companies reaffirmed their commitment to maintaining operations in China, and "not a single company reported a complete withdrawal from the market."

The core value of China-US economic and trade cooperation lies in complementarity, with many American companies having shown a clear willingness to strengthen economic ties with China, Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, told the Global Times on Wednesday.

"In the process of development and innovation, value is created across areas such as services trade, intellectual property, and scientific and technological cooperation, helping both sides reduce costs, improve supply security, and ease inflationary pressures on economic development," said Zhou, noting that this joint cooperation benefits not only China and the US, but also global trade stability.

However, to fully unlock this potential, it still requires more constructive dialogue and responses, particularly from the US side, to meet China halfway and help maintain stable market expectations and a predictable environment, Zhou said.

In a recent comment on China-US economic ties in response to a foreign media inquiry, He Yadong, a spokesperson of China's Ministry of Commerce, said at a regular press conference earlier this month that the Chinese side has consistently held that the essence of China-US economic and trade relations is mutual benefit and win-win cooperation. 

The two countries share broad common interests and extensive space for cooperation, and a stable bilateral economic and trade relationship serves the fundamental interests of both peoples and meets the expectations of the international community, said the spokesperson.