GE is just one of the many foreign companies that remain bullish about the Chinese market. Vanguard Group, the world's biggest provider of mutual funds, considers China as one of the most crucial and indispensable markets worldwide.
Gao said the outcome from the previous talks had been positive and productive, but China had to respond in a strong manner because the US government was being unpredictable and challenging.
Gao said US firms are not leaving the Chinese market, where most are making profits and are optimistic about future growth prospects.
Gao Yunlong, chairman of the All-China Federation of Industry and Commerce, proposed that policies in support of private businesses should be launched as soon as possible.
Full Text: Sustainable Development of Transport in China
Furthermore, US LNG shipments are just warming up. The US export terminal in the Gulf of Mexico saw a new high this year after its capacity was expanded. Mexico's demand for natural gas led all other countries in 2017, followed by South Korea and China. American LNG is even reaching the Middle East, typically a top supplier of the fuel.
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Fu Ziying, the vice-minister of commerce, said the volume of imports from the 16 CEE countries will continue to grow, boosted by growing demand from Chinese consumers for a wide variety of goods.
GAC Motor, a subsidiary of Guangzhou Automobile Group, has been rapidly expanding its presence in domestic and overseas markets in recent years as part of its strategy to develop into a world-class carmaker.
Gao Yu, an artisan in Shandong province, does the final touching up for a flower cake, Jan 29. [Photo/VCG]
Further monetary easing remains one of the options to support economic growth in China, after the debut of the new market-driven lending rate, according to central bank officials.