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China Welcomes Enhanced Cooperation with U.S. Financial Institutions

Beijing, December 5, 2024 – The Europe Today: Vice Premier He Lifeng reaffirmed China’s commitment to deepening economic ties with the United States, welcoming more U.S. financial institutions and long-term investments during a meeting with John Waldron, President and Chief Operating Officer of Goldman Sachs Group, in Beijing on Wednesday.

Highlighting China’s ongoing reform and opening-up policies, He, who is also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, emphasized the nation’s dedication to implementing the guiding principles of the 20th CPC Central Committee’s third plenary session.

“China is steadily advancing comprehensive reforms and expanding high-level opening-up measures. We welcome more U.S. financial institutions, including Goldman Sachs, to deepen mutually beneficial cooperation with China and contribute to the healthy development of China-U.S. relations,” He stated.

Waldron expressed confidence in China’s economic prospects, reaffirming Goldman Sachs’ commitment to enhancing collaboration with China. He underscored the firm’s willingness to play an active role in promoting U.S.-China economic and trade cooperation.

The meeting underscores ongoing efforts by both nations to foster constructive engagement and strengthen economic ties amidst global challenges.