China Courts Global CEOs Amid Economic Revitalization Efforts

China's Vice Premier He Lifeng recently assured foreign business leaders at the China Development Forum of the country's commitment to improving the business environment and attracting more multinational investment. The event featured executives from major companies like Apple and Pfizer amid ongoing U.S.-China trade tensions, including recently imposed tariffs by the Trump administration. Premier Li Qiang emphasized the need for open markets to counter global instability and promised proactive economic strategies. Despite a decrease in attendance from U.S. CEOs compared to last year, American firms still made up the largest contingent among the 86 companies represented from 21 countries. Beijing's efforts to reassure international businesses come as it grapples with sluggish domestic consumption and a struggling real estate sector. The forum highlights China's strategy to strengthen economic ties and showcase its investment potential amid geopolitical challenges.