China is inviting more foreign financial institutions and long-term capital to deepen mutually beneficial cooperation with the country. This statement was made by Vice Premier He Lifeng during his meeting with BlackRock CEO Larry Fink in Beijing on Thursday.
He emphasized that China is further advancing reforms in its financial system and steadily expanding the institutional opening of its financial sector, providing greater convenience for foreign companies operating in the country. Vice Premier He expressed China’s warm welcome to foreign financial institutions and long-term capital investments, such as BlackRock, to invest and conduct business in China, thereby sharing in the country’s development opportunities. Larry Fink highlighted BlackRock’s optimism regarding the potential growth of China’s economy and financial markets. He affirmed the company’s willingness to deepen its engagement with the Chinese market and contribute to U.S.-China economic and trade cooperation.