Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
China’s commerce minister meets Tesla’s Musk, promises support to foreign companies
A worker walks in a Tesla showroom in Beijing, Tuesday, May 30, 2023. China’s foreign minister met Tesla Limited CEO Elon Musk on Tuesday and said strained US-Chinese relations require “mutual respect,” while delivering a message of reassurance that foreign companies are welcome. (AP Photo/Ng Han Guan)
Latest News
May 31, 2023

China’s commerce minister meets Tesla’s Musk, promises support to foreign companies

BEIJING (AP) — China’s commerce minister met Tesla Limited CEO Elon Musk on Wednesday and promised to support the development of foreign companies, the ministry said.

Musk earlier met with China’s ministers of industry and foreign affairs. He joined a series of CEOs from global companies, including Apple Inc, who have met with Cabinet officials or Premier Li Qiang, the top economic official, this year following the end of anti-virus controls that blocked most travel into China.

The ruling Communist Party is trying to revive investor interest in China’s slowing economy and reassure companies that have been rattled by anti-monopoly and data-security crackdowns, raids on consulting firms, tension with Washington and pressure to align their plans with official development goals.

The commerce minister, Wang Wentao, said Beijing will “support long-term, stable development of foreign-invested enterprises in China,” according to a ministry statement.

Musk “praised the potential of China’s development” and expressed willingness to “deepen mutually beneficial cooperation,” the statement said.

The United States and China should “strengthen economic and trade dialogue and cooperation under the guidance of principles of mutual respect, peaceful coexistence and win-win cooperation,” Wang was cited as saying.

Earlier, Musk met with the industry minister, Jin Zhuanglong, and “exchanged views on the development of new energy vehicles and intelligent networked vehicles,” the Ministry of Industry and Information Technology said on its website.

China accounts for half of global electric vehicle sales and is the site of Tesla’s first factory outside the United States.

Li, the premier, delivered a similar message of reassurance in meetings in March with CEOs Tim Cook of Apple, Albert Bourla of Pfizer, Jakob Stausholm of Rio Tinto and Toshiaki Higashihara of Hitachi.

Tesla opened the first wholly foreign-owned auto factory in China in 2019 after Beijing eased ownership restrictions to increase competition and speed up industry development.

Tesla didn’t respond to requests by email for information about Musk’s visit to China.

Musk also is the majority owner of social media platform Twitter, access to which is blocked in China by the ruling party’s internet filters.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Forex: $159.32 to one US dollar
Latest News
Forex: $159.32 to one US dollar
January 6, 2026
KINGSTON, Jamaica — The United States (US) dollar on Tuesday, January 6, ended trading at $159.32, down 14 cents, according to the Bank of Jamaica’s d...
{"jamaica-observer":"Jamaica Observer"}
Venezuela interim leader says no foreign power running country
International News, Latest News, Regional
Venezuela interim leader says no foreign power running country
January 6, 2026
CARACAS, Venezuela (AFP) —Venezuela's interim President Delcy Rodriguez insisted Tuesday no foreign power was governing her country, after United Stat...
{"jamaica-observer":"Jamaica Observer"}
Zelensky hails ‘substantive’ declaration on Ukraine security guarantees
International News, Latest News
Zelensky hails ‘substantive’ declaration on Ukraine security guarantees
January 6, 2026
PARIS, France (AFP) — Ukrainian President Volodymyr Zelensky on Tuesday welcomed security guarantees for Ukraine that were put forward by allies and w...
{"jamaica-observer":"Jamaica Observer"}
TAJ driver’s licence validation system temporarily offline, several services affected
Latest News, News
TAJ driver’s licence validation system temporarily offline, several services affected
January 6, 2026
KINGSTON, Jamaica — Tax Administration Jamaica (TAJ) has advised that its system used to validate driver’s licences is currently offline, resulting in...
{"jamaica-observer":"Jamaica Observer"}
Lord Coe to help high schools during visit to Jamaica
Latest News, News
Lord Coe to help high schools during visit to Jamaica
January 6, 2026
KINGSTON, Jamaica — World Athletics boss Lord Sebastian Coe who arrived in Jamaica on Sunday says he will be placing emphasis on assisting schools dam...
{"jamaica-observer":"Jamaica Observer"}
T&T police officer among three arrested on drug-related charges in the US
Latest News, News
T&T police officer among three arrested on drug-related charges in the US
January 6, 2026
PORT OF SPAIN, Trinidad (CMC) – Three people, including an officer with the Trinidad and Tobago Police Service (TTPS), have been charged with conspira...
{"jamaica-observer":"Jamaica Observer"}
Police confirm gunfight in Black River
Latest News, News
Police confirm gunfight in Black River
January 6, 2026
ST ELIZABETH, Jamaica — Police have confirmed that there is an active gunfight in Black River. Observer Online understands that the mid-afternoon gunf...
{"jamaica-observer":"Jamaica Observer"}
First group of 2026 seasonal agricultural workers depart for Canada
Latest News, News
First group of 2026 seasonal agricultural workers depart for Canada
January 6, 2026
KINGSTON, Jamaica — The Government of Jamaica on Tuesday officially sent off the first group of 182 Jamaican seasonal agricultural workers to Canada f...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct