Stable, healthy and sustainable China-U.S.
economic and trade relations line up with both countries fundamental interests and will benefit enterprises worldwide, Vice Commerce Minister Wang Shouwen stated on Tuesday during a meeting with the head of U.S.
company PepsiCo.Wang, also Chinas international trade agent, stressed that China-U.S.
financial and trade relations are equally beneficial and win-win in nature, throughout the Tuesday meeting with Ramon Laguarta, PepsiCos chairman and CEO.They exchanged views on topics such as China-U.S.
financial and trade ties, in addition to the companys company operations in China, according to the Ministry of Commerce.Highlighting Chinas self-confidence in accomplishing its economic growth target for 2025 proposed in the government work report, Wang stated that a series of policy procedures presented by the nation to expand domestic need and promote consumption will offer more chances for foreign-invested business, including PepsiCo.The vice minister also elaborated on Chinas stance on concerns such as the U.S.
unilateral tariff hikes troubled China.Laguarta said that thanks to Chinas pro-consumption policies, PepsiCo is reporting quick growth in its food and beverage businesses in the country.Pledging increased financial investment in regional operations and a deepening engagement in the China market, he stated that PepsiCo is committed to playing a positive role ahead of time healthy and stable U.S.-China relations as a member of U.S.
organization circles.