The top headline is "Book of Xi's discourses on Chinese modernization published in Spanish" but a little bit further down the front page we find:
China reaffirms commitment to opening up at roundtable with U.S.-funded businesses
BEIJING, April 7 (Xinhua) -- China's Ministry of Commerce hosted a roundtable meeting with U.S.-funded companies on Sunday, reaffirming the country's commitment to reform and opening up amid global trade tensions.
Ling Ji, vice minister of commerce and deputy China international trade representative, chaired the meeting, which was attended by representatives from more than 20 U.S. companies, including Tesla, GE Healthcare, and Medtronic.
Regardless of global uncertainties, China remains resolute in its path toward reform and opening up, Ling said, noting that multilateralism is the inevitable solution to the challenges facing the world and China's door to the outside world will only open wider.
He reiterated that China's policies to attract foreign investment have not changed and will not change.
The ministry will continue to safeguard the legitimate rights and interests of foreign enterprises in China, including those from the United States, and actively respond to their concerns, Ling said....
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And:
Strengthening China-U.S. investment ties for shared economic growth
Consumers experience Apple products at an Apple store in Jing'an, east China's Shanghai. (People's Daily Online/Wang Chu)
U.S. carmaker Tesla's new Megafactory in Shanghai, a sprawling 200,000-square-meter facility, launched production this February, marking a significant milestone in China-U.S. investment cooperation.
Built in just over eight months, the factory is set to produce 10,000 energy storage battery units annually, adding roughly 40 gigawatt-hours of storage capacity. The project, expected to boost Tesla's global energy storage output by over 50 percent from last year, highlights what some see as a model of the synergistic "Shanghai speed" meeting "Tesla speed."
Since the establishment of diplomatic ties in 1979, two-way investment between China and the U.S. has grown exponentially - from near zero to $260 billion, while bilateral trade has ballooned from under $2.5 billion to over $680 billion. More than 70,000 U.S. companies have invested and operated in China, with exports to the Chinese market supporting 930,000 American jobs. At the same time, more than 7,000 Chinese enterprises have invested over $140 billion in the U.S., creating over 1 million American jobs.
A notable testament to this interdependency is China's Fuyao Group. In 2014, the company inaugurated the world's largest automotive glass production facility in Ohio. The facility has since become an essential part of the U.S. auto supply chain - a crucial engine for local employment and economic growth.
China offers vast investment and development opportunities for global businesses, including American firms. Despite rising concerns over unilateralism, protectionism, and geopolitical tensions, many U.S. businesses continue to view China as a vital market and key node in global innovation and supply chains.
A report by the American Chamber of Commerce in China (AmCham China) released in January revealed that 48 percent of surveyed U.S. firms ranked China among their top three global investment destinations, and 53 percent planned to increase their investment in the country this year....
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China's foreign exchange reserves remain above 3.2 trln USD for 16 months
All articles dated April 7, 2025.
