The head of government said that the economies of both parties are very complementary, with deeply integrated interests, and advocated the strengthening of economic and commercial collaboration during his talks with the president and Chief Executive Officer (CEO) of the Chamber of Commerce, Suzanne Clark.

Li added that “China will continue to strive to create a first-class business environment and provide more support and convenience for foreign companies, including American ones, wanting to invest and do business,” Li added.

The prime minister recalled that “decoupling and breaking chains” is not in the fundamental interests of both parties and “will only cause enormous losses to the economies and global development of the two countries.”

In turn, Clark said the relationship between the United States and China is extremely important. “I am glad that the two heads of state held a fruitful meeting in San Francisco, and that relations between the two countries are showing momentum for improvement,” she added.

The CEO expressed the Chamber of Commerce’s willingness to build bridges, carry out constructive communication and exchanges with Beijing, and thus deepen economic-commercial ties.

The meeting took place a week after the White House announced new trade restrictions on 93 entities from Russia, China, and five other nations for allegedly supporting Moscow’s military operation in Ukraine.

Beijing described Washington’s sanctions as economic coercion and extraterritorial.

The Ministry of Commerce stated that Washington’s actions undermine international norms and economic order, and affect the security and stability of global supply chains.

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