China's Vice Premier He Lifeng called for expanded financial collaboration between the Chinese mainland and the U.S. during a high-profile meeting with Goldman Sachs executive John Waldron in Beijing this week. The talks signal fresh momentum for cross-Pacific economic partnerships amid global market uncertainties.
\"We welcome more U.S. financial institutions to deepen mutually beneficial cooperation,\" stated He, emphasizing China's commitment to implementing reforms outlined at the recent 20th CPC Central Committee third plenary session. The vice premier highlighted opportunities in China's rapidly opening financial markets, describing them as a \"golden bridge\" for international investors.
Waldron responded enthusiastically, with Goldman Sachs expressing strong confidence in China's economic trajectory: \"We're ready to expand our footprint and contribute to healthy U.S.-China relations through concrete deals.\" The Wall Street giant's bullish stance comes as foreign firms increasingly eye China's $18 trillion economy for growth opportunities.
This financial diplomacy follows China's sweeping reforms to attract long-term overseas capital, including eased market access and smoother cross-border transactions. Analysts suggest such partnerships could help stabilize global supply chains while creating tech-forward investment products for Gen-Z and millennial investors worldwide.
The talks signal fresh momentum for cross-Pacific economic partnerships amid global market uncertainties.
The vice premier highlighted opportunities in China's rapidly opening financial markets, describing them as a \"golden bridge\" for international investors.
Analysts suggest such partnerships could help stabilize global supply chains while creating tech-forward investment products for Gen-Z and millennial investors worldwide.
