Chinas vice premier welcomes continued Goldman Sachs investment amid positive economic outlook
Solomon says China’s market prospects remain strong as Beijing signals commitment to high-level openness
China and the United States’ financial sectors are seeking renewed stability as China’s Vice Premier He Lifeng met with Goldman Sachs CEO David Solomon in Beijing, reaffirming commitment to bilateral cooperation and market openness.
According to Xinhua News Agency, He Lifeng stated during the meeting on November 4 that the recent summit between the leaders of China and the United States in Busan “set the direction for the next phase of economic engagement.” He emphasized that both countries “should sincerely implement the agreements reached at the leadership level to help companies on both sides operate with stability and confidence.”
He also expressed support for Goldman Sachs’ continued presence and expansion in China, saying, “We welcome Goldman Sachs to deepen its business operations and long-term investment in the Chinese market.”
Solomon responded that Goldman Sachs maintains a positive outlook on China’s economic development prospects and intends to contribute to what he described as “the high-quality advancement of China’s capital markets.”
On the same day, He Lifeng delivered remarks via video to the International Financial Leaders Investment Summit in Hong Kong, stressing that China will continue to expand high-level institutional opening. He highlighted that China aims to work with global partners to address challenges facing the global trade and financial systems and to support a “more stable and resilient global economy.”
The event was attended by major Wall Street executives, including Solomon and Morgan Stanley CEO Ted Pick—signaling ongoing dialogue even amid geopolitical uncertainties.