China Vows Deeper Economic Opening in Talks With Global Business Leaders
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The gathering marked the 26th annual meeting of the advisory board of Tsinghua University’s School of Economics and Management
China’s Vice Premier He Lifeng assured a group of prominent global executives and scholars that Beijing remains committed to opening its economy, as part of broader efforts to bolster foreign investor sentiment amid persistent economic headwinds.
Meeting with the advisory board of Tsinghua University’s School of Economics and Management (SEM) on Oct. 16, He said China would continue to advance the development of a unified national market and press forward with “high-level opening-up,” according to state-run Xinhua News Agency. He emphasized the country’s willingness to deepen “mutually beneficial cooperation with all countries.”
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- China’s Vice Premier He Lifeng assured global executives of continued economic opening and mutually beneficial cooperation at the Tsinghua SEM advisory board meeting on Oct. 16.
- Attendees included leaders from Apple, Blackstone, Bridgewater, Baidu, Tencent, Mercedes-Benz, BMW, Nike, and Walmart, who expressed optimism and ongoing investment intentions.
- The 26th annual event focused on China’s economic outlook, featuring seminars and roundtables with top Chinese policymakers and economists.
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Who’s Who
- Apple Inc.
- Apple Inc. CEO Tim Cook chairs the advisory board of Tsinghua University's School of Economics and Management (SEM). Cook, along with other board members, expressed optimism about China's economic growth and confirmed their continued investment in the country during the 26th annual meeting of the advisory board.
- Blackstone Inc.
- Blackstone Inc. was represented at a meeting with Chinese Vice Premier He Lifeng by its co-founder, Stephen A. Schwarzman. The meeting involved prominent global executives and scholars and aimed to bolster foreign investor sentiment in China.
- Bridgewater Associates
- Bridgewater Associates is represented by its founder, Ray Dalio, who attended a meeting with China's Vice Premier He Lifeng and other global executives. The meeting focused on China's commitment to opening its economy and bolstering foreign investor sentiment.
- Baidu Inc.
- Baidu Inc. is represented by its founder, Robin Li, who was among the attendees at the 26th annual meeting of Tsinghua University's School of Economics and Management (SEM) advisory board. This gathering brought together global executives and scholars to discuss China's economic outlook and foster international business relations.
- Tencent Holdings Ltd.
- Pony Ma, co-founder of Tencent Holdings Ltd., was among the notable attendees at the 26th annual meeting of the advisory board of Tsinghua University’s School of Economics and Management. The event served as a platform for dialogue between Beijing and the international business community, focusing on bolstering foreign investor sentiment in China.
- Mercedes-Benz Group AG
- The Chairman of Mercedes-Benz Group AG attended the 26th annual meeting of the advisory board of Tsinghua University’s School of Economics and Management. This event served as a platform for dialogue between Beijing and the international business community.
- BMW AG
- The chairman of BMW AG attended a meeting with China's Vice Premier He Lifeng and other global executives and scholars. The meeting, held in October, was part of broader efforts to bolster foreign investor sentiment in China. It also served as a key platform for dialogue between Beijing and the international business community.
- Nike Inc.
- The CEO of Nike Inc. was among the prominent global executives who attended the advisory board meeting of Tsinghua University's School of Economics and Management. This meeting served as a crucial platform for dialogue between Beijing and the international business community, aimed at bolstering foreign investor sentiment in China.
- Walmart Inc.
- Walmart Inc.'s CEO was present at the 26th annual meeting of Tsinghua University’s School of Economics and Management (SEM) advisory board. This platform facilitates communication between Beijing and international businesses. The meeting aimed to reassure foreign investors about China's commitment to opening its economy.
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What Happened When
- Oct. 16, 2025：
- China’s Vice Premier He Lifeng met with the advisory board of Tsinghua University’s School of Economics and Management (SEM), assuring the continuation of economic opening.
- Oct. 16, 2025 (evening)：
- Wang Qishan, former Chinese vice president and honorary chairman of the advisory board, hosted a banquet for attendees.
- Oct. 17, 2025：
- Apple CEO Tim Cook chaired the formal session of the 26th annual meeting of Tsinghua SEM’s advisory board. Tsinghua University President Li Luming delivered greetings from Zhu Rongji.
- Oct. 17, 2025：
- A seminar focused on the Chinese economy was held at the same meeting; Yang Weimin delivered the keynote address, followed by a roundtable discussion featuring Yang, Yi Gang, and Guo Shuqing.
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