In this photo released by Xinhua News Agency, Chinese Foreign Minister Wang Yi, third right, holds talks with a United States business delegation including FedEx CEO Raj Subramaniam, fourth left, and Chindex CEO Roberta Lipson, third left, in Beijing on Monday, July 22, 2024. Chinese officials tell the visiting delegation of top U.S.
The U.S. China Business Council is a private, nonpartisan group of more than 270 American companies that do business in China. It said the visit to Beijing, just days after the Communist Party's four-day planning meeting, was intended to advance economic and policy priorities and support dialogue between U.S. and Chinese government and business leaders.
Allen said the group hoped to build on past opportunities to “realize a more stable, fair and predictable business environment in China, addressForeign Minister Wang Yi told the group he hoped they would use their influence and connections to provide an “accurate” picture of China and provide objective and positive voices to advocate for a “correct understanding of China,” the official Xinhua News Agency said.
That included broad pledges to foster a “first-rate business environment,” remove market restrictions and promote trade. But the leaders also vowed to expand the party's role in business and to strengthen safeguards for national security.