China is continuing its efforts to expand its opening-up policy and offer a world-class business environment for multinational enterprises such as Qualcomm that operate within its borders. An official from the National Development and Reform Commission, Gao Jian, deputy director-general of the Department of International Cooperation, reaffirmed China’s commitment during a meeting with Ye Xiaowei, senior vice-president of the US chip heavyweight Qualcomm on Tuesday.
The NDRC official’s remarks highlight China’s ongoing efforts to attract foreign investment and provide a welcoming environment for international businesses looking to tap into the country’s market potential. China has been working to improve its business environment in recent years, with a series of reforms aimed at opening up more sectors to foreign investment and reducing barriers to entry.
Ye Xiaowei also expressed his satisfaction with the progress made by Qualcomm’s research and development center and other business operations in China. The company has been actively contributing to China’s high-quality development and is committed to further enhancing its presence in the country.
As China continues to pursue its opening-up policy, multinational companies such as Qualcomm stand to benefit from the country’s growing market potential and expanding business opportunities. With its ongoing efforts to improve its business environment, China is creating an attractive environment for foreign investment and helping to drive global economic growth.