China-US Business Cooperation Poised to Benefit Global Economy
Beijing (ANTARA) - Amid ongoing global uncertainties, the China and United States (US) business communities continue to overcome various economic challenges through pragmatic cooperation, while providing strong support for mutually beneficial economic relations.
The upcoming China International Supply Chain Expo (CISCE) serves as a concrete example.
Participation by US companies in the event is expected to increase further, with a special focus on artificial intelligence (AI), semiconductors, medical technology, and high-end manufacturing—fields that represent the competitive strengths of both countries—according to the China Council for the Promotion of International Trade (CCPIT).
The trade promotion body stated that US companies ranked first among foreign participants in the three previous editions, with a number of industry giants, including Apple and Tesla, continuing to participate year after year.
Broader efforts to promote commercial engagement are also ongoing. The China-US business matchmaking programme has been running for 21 consecutive years.
A rail transport industry exchange meeting was held under that framework last March, while other events are scheduled for June to explore cooperation in the emerging low-altitude economy.
These developments affirm a fundamental reality that the world’s two largest economies remain deeply interconnected, with their supply chains closely integrated.
China and the US together contribute more than a third of global economic output and around one-fifth of world merchandise trade. Currently, around 80,000 US companies are invested in China. About 80 per cent of Apple’s core suppliers have factories in China, while Tesla’s Shanghai Gigafactory accounts for around half of the company’s global electric vehicle (EV) deliveries.
These deep commercial ties continue to be strengthened through new long-term commitments, as more US companies view the Chinese market as a strategic anchor for future growth.
For instance, US pharmaceutical giant Eli Lilly announced plans in March to invest 3 billion US dollars (1 US dollar = Rp17,514) in China over the next decade to expand supply chain production capacity, marking another significant step by the company to bolster its position in China and support the development of China’s healthcare industry.
In March, Amway, a US-based health and wellness company, announced the launch of an organic farm in Chengdu, the capital of southwest China’s Sichuan Province. It will be the company’s first self-owned organic farm outside the US.
Michael Nelson, president and CEO of Amway, stated that China has remained the company’s largest market for 23 consecutive years, serving not only as a global supply chain hub but also as a source of innovation and a strategic growth engine for the company.
“Investing in China means investing in future growth, and being in China means being where the opportunities are,” he said, citing sustained demand from Chinese consumers for higher-quality products and services.
A survey by the American Chamber of Commerce in China (AmCham China) shows that 52 per cent of US companies operating in China are expected to turn a profit in 2025, while more than half of the surveyed companies still rank China among their top three global investment destinations.
Forward-looking indicators reinforce US companies’ confidence in the Chinese market. According to the AmCham China survey, around 72 per cent of US company respondents anticipate industry growth in 2026, while nearly 60 per cent plan to increase their investments in China.
“There are many ways for us to collaborate that can bring mutual benefits to the people of both countries,” said AmCham China Chairman James Zimmerman, highlighting the significant untapped potential in areas such as healthcare, consumer goods, and green technology, as well as rapidly developing fields like AI.
Analysts note that the closely intertwined commercial relationship between the two countries acts as a stabilising force for broader relations.
Dun Zhigang, a researcher at the Chongyang Institute for Financial Studies at Renmin University of China, explained that this sustained economic and trade interaction underscores the fact that the two economies still have vast room for strategic complementarity, and the outcomes of their cooperation deliver real benefits to the people of both countries.
China-US economic and trade relations are fundamentally mutually beneficial, said Guo Jiakun, spokesperson for China’s Foreign Ministry, during the daily press conference on Tuesday (12/5).
Both sides need to engage in cooperation to realise the important understandings reached by the two presidents, and to provide greater stability for China-US economic and trade cooperation as well as for the global economy, Guo added.