China welcomes Nvidia's continued investment: vice commerce minister

China

China welcomes Nvidia's continued investment: vice commerce minister

2024-11-26 17:38 Last Updated At：23:27

Chinese Vice Commerce Minister Wang Shouwen, at a meeting with Nvidia's vice president Jay Puri in Beijing on Monday, said that China welcomes the continued presence of U.S. chipmaker Nvidia in China, assuring that China is dedicated to fostering a more accommodating business environment for international firms. Wang said that a more open China will provide foreign-invested enterprises with broader development opportunities.

The Chinese Ministry of Commerce stands ready to work with the U.S. side to strengthen communication, expand cooperation and address discrepancies, so as to jointly push China-U.S. economic and trade relations back on course and deliver more benefits to the two countries and the world at large, according to Wang.

The Chinese side welcomes Nvidia's ongoing operations in China for shared development opportunities, Wang said, expressing China's readiness to heed the needs of businesses and to create a better business environment for foreign enterprises.

For his part, Puri stressed Nvidia's commitment to China as an important market and its intention to enhance communication with its Chinese partners.

He pledged to supply quality and efficient products and services, and to contribute actively to the growth of China's digital economy.

China urges US to safeguard drug-control cooperation

2024-11-26 22:27 Last Updated At：23:07

A Chinese foreign ministry spokesperson said on Tuesday that the United States should cherish the goodwill of China and safeguard the hard-won positive situation of China-U.S. cooperation on drug control.

The spokesperson made the remarks after U.S. President-elect Donald Trump threatened to slap an additional 10 percent tariff on all Chinese imports.

The spokesperson said that China has the strictest drug control policy in the world and enforces it in the fullest way.

Noting that Fentanyl is a problem for the U.S., the spokesperson said in the spirit of humanitarianism, China has provided support to the U.S. in dealing with fentanyl-related issues. In 2019, China scheduled all fentanyl-related substances as early as in 2019 - the first country ever to do so.

China and the U.S. have carried out extensive and in-depth drug control cooperation and achieved remarkable results, which is obvious to all, said the spokesperson.

The spokesperson said China is willing to continue to carry out drug control cooperation with the U.S. on the basis of equality, mutual benefit and mutual respect, urging the U.S. side to cherish China's goodwill and maintain the hard-won positive momentum of the China-U.S. anti-drug cooperation.