According to state media firm Xinhua, Huang met with Vice Premier He Lifeng during a visit to Beijing in April and said he “looked warmly upon the potential of the Chinese economy.”
Huang stated that he was “willing to continue to research the Chinese market and perform a beneficial role in promoting US-China business cooperation,” according to Xinhua.
The tightened US export restrictions come as China’s business falters, with local consumers unwilling to invest and a protracted residence sector problems weighing on growth.
President Xi Jinping has demanded that the nation become more independent as the world becomes more uncertain.
According to Xinhua, Xi said last month that China if” strengthen basic research, focusing our efforts on overcome challenges in vital technologies like advanced chips and core software, and building an automatic AI system.”
In recent years, Washington has made strides to reduce China’s imports of cutting-edge chips because it fears that these can be used to further Beijing’s military plans and undermine US supremacy in artificial intelligence.