In a lively exchange that promises growth and opportunity, Vice Commerce Minister Wang Shouwen met with Ramon Laguarta, chairman and CEO of PepsiCo, to discuss stable, healthy, and sustainable China-U.S. economic and trade relations. Both leaders reinforced that these ties are not only mutually beneficial for the two economies but also a win-win for businesses around the globe. 🚀
During the meeting, Minister Wang emphasized that policies designed to expand domestic demand and promote consumption are key to achieving the economic growth target for 2025. Such measures are set to create new opportunities for enterprises worldwide, including major foreign-invested businesses like PepsiCo.
Ramon Laguarta shared positive news from PepsiCo, noting rapid growth in the food and beverage sector driven by these pro-consumption policies. The company is planning increased investment in local operations and is committed to playing a constructive role in nurturing healthy and stable China-U.S. relations.
The discussion also touched on important issues such as the U.S. unilateral tariff hikes imposed on China. Both leaders expressed confidence in the resilience and forward-looking approach of their economic policies, signaling a bright future for global trade.
Reference(s):
Stable China-U.S. trade ties will benefit global firms: vice minister
cgtn.com
