China remains top investment destination: US multinationals

Senior executives from multinational enterprises attending the China Development Forum (CDF) 2025 have said that China remains one of their top investment destinations.

The two-day forum, which opened on Sunday, brought together 86 official delegates from multinational companies across 21 countries - a record high, with American firms accounting for the largest share of the number, totaling 27 enterprises.

Some U.S. companies pointed out that the CDF has become the most significant platform for high-level communication and cooperation between the Chinese government and leaders from the international business and academic communities, as they are able to gain insights into the latest information on China's economic and social progress.

"The forum has been very informative. I think it's the interaction between the government officials, ministers and then the business community on how we can certainly benefit China and the development opportunities here, but how we can collectively benefit across the globe," said Michael Nelson, CEO of American direct selling giant Amway Global.

"I'm encouraged. There's a commitment to growth. There's a commitment to improving consumption. And there's a commitment to improving the living for Chinese citizens and that gets us excited because that lines up perfectly with what we do at Otis," said Judy Marks, CEO of world-leading elevator manufacturer Otis Worldwide Corporation.

The participating multinational companies represent a diverse array of industries, including finance and insurance, pharmaceuticals and health care, energy and mining, as well as foodstuff and consumer goods.

Many said that China plays a pivotal role in the world economy, and the high-quality development of the Chinese economy will continue to provide significant market opportunities for multinational enterprises.

"I think that China is working hard to grow the economy, and be clear about attracting global investment, that the economy is not becoming more closed, it's becoming more open. We have this kind of high ambition for the Chinese market," said David A. Ricks, CEO of the U.S.-based pharmaceutical company Eli Lilly.

China remains top investment destination: US multinationals

Chinese Foreign Minister Wang Yi met Wednesday in Beijing with Nauruan Minister for Foreign Affairs and Trade Lionel Aingimea, who came to China for the opening ceremony of the Nauru Embassy in China.

Wang, a member of the Political Bureau of the Communist Party of China Central Committee, noted that since the resumption of diplomatic relations between China and Nauru, both sides have fostered mutual understanding and support, while the pragmatic cooperation has developed comprehensively, bringing tangible benefits to the people of Nauru.

China appreciates Nauru's firm adherence to the one-China policy and believes that Nauru will continue to support China in safeguarding its sovereignty and territorial integrity, thus consolidating the political foundation of bilateral relations, Wang said.

China is willing to deepen cooperation with Nauru in various fields including agriculture and fisheries, sports, marine development, climate change response, and capacity building, Wang said, adding that China congratulates Nauru on the upcoming official opening of its embassy in China and is willing to provide conveniences and assistance for the embassy's operation.

Aingimea, for his part, said that Nauru sincerely thanks China for the valuable assistance provided in infrastructure construction and socio-economic development, which helps improve people's livelihood and sustainable development of Nauru.

Nauru will not waver in its stance of adhering to the one-China principle and looks forward to expanding bilateral cooperation in various fields and pushing bilateral relations to a new level, Aingimea added.

Chinese FM meets Nauruan counterpart