Minister of Commerce Wang Wentao meets with Apple CEO Cook

According to official news, Minister of Commerce Wang Wentao met with Apple CEO Cook on March 22. The two parties had in-depth exchanges on Apple's development in China and Sino-US economic and trade relations and other issues.

Wang Wentao said that China’s economy has strong resilience and its long-term positive fundamentals have not changed. China has a huge market size, a complete industrial system, high-quality human resources, and a stable and open business environment. China is accelerating the development of new innovation-led productive forces and has broad development prospects in high-tech fields such as artificial intelligence and cloud computing. This means huge opportunities for companies from various countries, including Apple. We welcome Apple to continue to delve into the Chinese market and achieve common development.

Wang Wentao emphasized that Sino-US economic and trade cooperation is the key to maintaining the stability of bilateral relations. The business community is widely opposed to decoupling and segmentation, as well as to the generalized application of the concept of national security. China is willing to work with the United States to create a fair, stable and predictable cooperation environment between enterprises of the two countries.

Cook said that China is rich in human resources and innovative, and is an important market and key supply chain partner for Apple. Apple will continue to be committed to long-term development in China and continue to increase investment in China’s supply chain, R&D and sales.

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