Top foreign CEOs head to China for meeting

Top foreign CEOs will flock to China to attend the annual China Development Forum in Beijing, Reuters reported on Monday.

Major attendees include executives of Qualcomm, FedEx, Siemens, BMW, Saudi Aramco, Rio Tinto, Nestlé, Mercedes-Benz, AstraZeneca, Estée Lauder, Citadel, Standard Chartered, KPMG, and Deutsche Bank, according to the report citing a draft agenda and sources familiar with the matter.

Top executives of several major mining, engineering and healthcare firms will also take part, according to the draft agenda, which could be subject to last-minute changes, the report said.

Compared to previous years, a higher proportion of European CEOs are represented at the event, which is scheduled to take place on March 23-24 at the Diaoyutai State Guesthouse in Beijing this year.

Foreign direct investment in the Chinese mainland in actual use reached 171.21 billion yuan ($23.87 billion) in the first two months of 2025, according to the Ministry of Commerce.