China’s Vice Commerce Minister Ling Ji assured U.S. companies, including Tesla and GE Healthcare, that the country would continue to protect the rights of foreign-funded firms in China, highlighting its commitment to being a secure and favorable investment environment.
Speaking at a roundtable in Beijing on Sunday, Ling emphasized that China has been, is, and will always be an “ideal, safe, and promising investment ground for foreign investors.”
Ling’s comments came as part of a broader statement by the Ministry of Commerce, which reiterated China’s pledge to protect the “legitimate rights and interests of foreign-funded enterprises” in line with the law. This assurance suggests that Beijing has no plans to penalize U.S. companies, even as tensions escalate over President Donald Trump’s tariffs.
Ling also pointed to the damaging impact of tariffs on the global trading system, calling the U.S. approach a “serious abuse” that undermines multilateral trade rules. He emphasized that the root cause of the tariff dispute lies with the U.S.
In support of the role of foreign companies, President Xi Jinping had recently highlighted their contributions during a meeting with multinational CEOs in Beijing. He noted that foreign firms are responsible for one-third of China’s imports and exports and have created over 30 million jobs, underscoring their importance to China’s economy.
