China has an enormous potential to have another great year in 2025 and Vale is very excited to be part of it and continue to work with clients in this growing market. China is super important for Vale, who has been doing business here for more than 50 years, even before Brazil and China had a diplomatic relationship. Vale is committed and will continue to be committed to Chinese clients and to the China market.

Rio Tinto is confident that China's economic growth is on course to achieve its annual target of around 5 percent for 2025, as the property sector is in a better shape than in previous years, while the green transition is really happening in the country, with the whole development of solar, wind, grid extensions, stationary power, and electrical vehicles, becoming a bigger and bigger business and having more and more impact on the GDP. Thanks to the ever-improving business environment for foreign companies to form partnerships, Rio Tinto had a record level of sourcing in China last year, creating win-win in trade.

China's commitment to a green energy transition is fueling optimism among multinational mining companies like BHP, which believes the shift will drive substantial long-term demand for commodities such as copper, its CEO said during the China Development Forum held recently in Beijing.

Mike Henry, CEO of the world's largest listed miner, said China's robust manufacturing base, scientific prowess and ongoing urbanization positioned the country to remain a global economic powerhouse. He highlighted the nation's shift toward sustainable growth as a significant opportunity for the mining industry.

"With its strong foundations in manufacturing, scientific research and urbanization, China is poised to continue its role as a global economic powerhouse," he said.

Standard Chartered PLC is firmly optimistic about China's economic prospects and has actively aligned its business strategies with economic trends, such as the high-quality development of the private economy and the rapid application of artificial intelligence technologies, in the world's second-largest economy, its top executive said.

"It's entirely possible for China to hit the economic targets that it has set as it had in recent years," Bill Winters, group chief executive of the bank, said in an exclusive interview with China Daily, pointing to the positive advancements in China while analyzing the challenges.

German industrial conglomerate Robert Bosch GmbH is bullish on prospects for applications of cutting-edge artificial intelligence technology and is actively expanding its research and development investment in the Chinese market, its top executive said.

Stefan Hartung, chairman of the board of management at Robert Bosch, said, "We have to see that China becomes not only a manufacturing location, but that it's also very much a research and development location, so about 10,000 of our 56,000 people are now engineers, mathematicians, physicists and people developing software that is made in China, for China."

China has instilled global enterprises with greater confidence as the world's second-largest economy has placed a high premium on technological innovation and opening-up at a time when the world is grappling with a confluence of challenges, said a senior executive.

"We see that the Chinese government's sustained emphasis is on transforming the country toward high-quality growth driven by new quality productive forces," Marc Horn, president of Merck China, told China Daily during the recently concluded China Development Forum 2025.

China has been focused on driving innovation through open collaboration, bringing in foreign direct investments and creating a playing field where multinational firms can bring their global expertise to China while also learning from the innovations coming out of the country, Horn said.

China's ambitious shift toward green energy is set to fuel significant demand for commodities like copper, aluminum and lithium, creating substantial opportunities for multinational mining giants such as Rio Tinto, its top executive said on Monday.

Speaking in Beijing, Jakob Stausholm, CEO of Rio Tinto, underscored China's indispensable role as the world's major manufacturing powerhouse and a cornerstone market for the Anglo-Australian miner.

While the tariff policies wielded by the United States have ushered global businesses into a period of increased uncertainty, China is focused on building open and shared industrial chains to embrace international cooperation, and is leveraging its growing consumption momentum to boost global demand, senior economists said.

"While the high tariffs tipped by US President Donald Trump were a major shock, the deeper problem lies in the pervasive uncertainty that these policies have introduced into the global industrial landscape," said Zhu Min, former deputy managing director of the International Monetary Fund, during the recently concluded China Development Forum.

But Washington doesn't just stop there. Zhu said that the Trump administration's recent emphasis on "reciprocity" extends far beyond just tariffs, and includes "equivalence" in market access and capital market openness, among others.

"There are many areas where China can be a leader," said Ian Goldin, professor at the University of Oxford, to China Daily Website at the China Development Forum on Monday.

He noted that China still has significant room for economic growth, with an increasing number of positive market factors and a steady rise in investment. Goldin also commended China's policy of opening-up to the world. Check out this video to learn more.

The real magic of artificial intelligence is the industrial use of AI, said Sean Stein, president of the US-China Business Council, on the sidelines of the China Development Forum 2025. "AI becomes a platform to speed up the development of other critical technologies to create wealth, to develop new products, and that makes the world a better place."

The two-day China Development Forum 2025, which concluded in Beijing on Monday, has once again demonstrated China's commitment to fostering a stable and open business environment as the world navigates economic uncertainties and geopolitical tensions.

The top executives of global multinationals attending the forum praised China's unwavering openness, saying it will accelerate new industrialization, sustainable growth and digital innovation. They pointed to China's increasing technological prowess and market-driven efficiency as key factors generating fresh prospects for international enterprises. These reflect their view that China is still an attractive investment destination.

Thailand's TCP Group, the owner of the Red Bull brand, is increasing its investment in China, capitalizing on the country's continued economic resilience and commitment to market reforms, CEO Saravoot Yoovidhya said on Monday at the 2025 China Development Forum.

"China has shown remarkable openness and inclusion over the past decades. Its steady GDP growth of 5 percent in 2024 injected new momentum into the global economy, reinforcing China's position as a key driver of stability," Yoovidhya said.

BEIJING - Chinese Commerce Minister Wang Wentao on Monday met with Brian Sikes, president and CEO of Cargill in Beijing, according to a statement released by the Ministry of Commerce.

During the meeting, the two sides exchanged views on topics including Cargill's business development in China, as well as China-US economic and trade relations.

Wang noted that the recently concluded "two sessions" meetings in China sent out positive signals, demonstrating the country's confidence and resolve in expanding high-standard opening-up and maintaining stable economic growth in a complex international environment.

IKEA, a leading global home furnishings maker and retailer, remains deeply committed to the Chinese market, reinforcing its long-term presence through strategic investments in retail and supply chain operations and sustainable development, said its top executive.

Jon Abrahamsson Ring, CEO of Inter IKEA Group, said that the company is committed to China's economic landscape, innovative supply chains and sustainable initiatives during his participation at the China Development Forum 2025 held on Sunday and Monday in Beijing.

The world's leading technology company and automotive supplier ZF Group has reinforced its dedication to boosting the high-quality development of China's automobile industry amid rapid advancements in intelligence and electrification.

Holger Klein, CEO of ZF Group, highlighted the effects of artificial intelligence on mobility during the China Development Forum in Beijing, which ran from March 23-24.

BEIJING - Chinese Commerce Minister Wang Wentao met with Apple CEO Tim Cook in Beijing on Monday, according to a statement released by the Ministry of Commerce.

During the meeting, the two sides exchanged views on topics including Apple's business development in China, as well as China-US economic and trade relations.

Wang noted that the Chinese economy has demonstrated strong resilience and vitality, becoming a fertile ground for innovation-driven development.

China's emphasis on advancing the application of fast-evolving artificial intelligence technology in a wide range of industries will inject new momentum into the country's high-quality economic growth and create enormous opportunities for multinational corporations to invest in the country, said government officials and business executives.

Liu Liehong, head of the National Data Administration, said AI technology is promoting economic and social development at an unprecedented speed and has become an important driving force bolstering a new round of technological revolution and industrial transformation.

Liu made the remarks on Monday at the China Development Forum 2025 in Beijing, emphasizing that the advancements of AI technology are closely linked with the development and utilization of data, while the combination of high-quality data with AI will give full play to the multiplier effects of data elements.

BEIJING - Chinese Commerce Minister Wang Wentao met with Cristiano Amon, president and CEO of Qualcomm, in Beijing on Monday, according to a statement released by the Ministry of Commerce.

During the meeting, the two sides exchanged views on topics including Qualcomm's business development in China, as well as China-US economic and trade relations.

Wang emphasized that closer government-business cooperation is essential to address risks and challenges amid rising global instability and uncertainty.

China's unwavering commitment to opening-up will propel new industrialization, green growth and digital transformation, showcasing the nation's growing strength in innovation and demand-driven productivity and creating fresh opportunities for global businesses, said top executives of leading multinational corporations on Monday.

Speaking at the China Development Forum 2025, held in Beijing on Sunday and Monday, the executives emphasized that as China shifts toward innovation-driven and green growth, foreign companies are committed to working with local partners, investing in high-end manufacturing, artificial intelligence and service industries, and strengthening their supply chain capabilities within the country.

Faced with growing external uncertainties, China's focus on advancing its high-quality development agenda will not only bolster domestic resilience but also contribute to global economic stability and prosperity, senior officials and businesses executives said at the China Development Forum 2025 in Beijing.

In particular, the stronger emphasis of the world's second-largest economy on consumption and innovation this year, along with its unchanged commitments to wider openness, has provided great opportunities for global businesses to grow in the Chinese market and beyond, they said at the two-day event, which concluded on Monday.

Han Wenxiu, executive deputy director of the Office of the Central Commission for Financial and Economic Affairs, said, "China's economy continues its upward trajectory this year, and there is still ample room for policymakers to leverage countercyclical adjustments."