On May 15, Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT), met respectively in Beijing with Cristiano Amon, President and Chief Executive Officer of Qualcomm Incorporated, and Brian Sikes, Board Chair and Chief Executive Officer of Cargill. They exchanged views on enhancing communications between Chinese and American business communities, deepening international cooperation in industrial and supply chains, and participating in 2026 APEC business activities.

Ren Hongbin noted that China’s economy has been on a generally steady, sound and upward trajectory. The implementation of the 15th Five-Year Plan will present more opportunities for businesses from all countries, including U.S.-funded enterprises. CCPIT is ready to work with the U.S. business community to implement the important common understandings reached by the two heads of state, and foster a stable, healthy, and sustainable development of China-U.S. economic and trade relations. The Chinese side welcomes representatives of the U.S. business community to attend the 4th China International Supply Chain Expo (CISCE) and the 2026 APEC business activities.

The foreign side stated that the successful meeting between the U.S. and Chinese heads of state has injected new impetus into the development of bilateral economic and trade cooperation. The U.S. business community is optimistic about China’s development prospects, and is willing to enhance cooperation with China to make greater contributions to the growth of U.S.-China economic and trade relations.