Chinese President Xi Jinping assured global executives in Beijing on Friday that China "was, is, and will definitely be an ideal, safe and promising investment destination."
"To invest in China is to invest in tomorrow," Xi told business leaders such as Bridgewater Associates' Ray Dalio, Standard Chartered CEO Bill Winters, Blackstone Group CEO Steve Schwartzman and FedEx CEO Rajesh Subramaniam, among others. China will ensure foreign businesses have fair opportunities to participate in government procurement bids, he added, while also calling on the executives to work together in order to protect supply chains. "Transnational corporations play an important role in safeguarding the world economic order. We must work hand in hand to promote the right kind of economic globalization," the Chinese leader said.
Touching upon relations between China and the United States, he stressed that trade tensions between the two countries should be resolved through negotiations. "The essence of China-US economic and trade relations is mutual benefit and win-win cooperation," Xi noted.
