BEIJING: Tech billionaire and Tesla CEO Elon Musk on Sunday ( Apr 28 ) met with China’s number two official, Premier Li Qiang, who promised the country would “always” be open to foreign firms.
One of the richest people in the world, Elon Musk, made his second trip to China before that day on his next visit in less than a year to the nation’s largest market for electric vehicles.
According to Chinese state broadcaster Video, Li had promised the nation would do more to support foreign companies during their appointment.
” China’s quite large- level industry will always be open to foreign- supported firms”, Li was quoted as saying.
China will keep its term and will work hard to improve customer service and increase market access.
Beijing had also offer” a better company setting” for foreign businesses, Li added,” so that businesses from all over the world you have peace of mind while investing in China.”
Musk later claimed on X, which he also owns, that he was honored to join with Li, adding that the couple “have known each other for many years.”
Musk has a number of business contacts in China, and he most recently traveled there in June of last year. Tesla has not yet released his travel schedule for the latest vacation.
At his Tesla Gigafactory in Shanghai, he was cited by CCTV as praising the “hardworking and brilliant Chinese group.”
Tesla reportedly stated that Tesla is ready to take the next step in enhancing assistance with China to produce more success stories.
The businessman met with Ren Hongbin, the mind of the China Council for the Promotion of International Trade, earlier in the day,” to discuss future steps in assistance and different topics,” according to CCTV.
In China, Tesla’s electric cars have become a cornerstone of middle-class industrial life despite the controversial figure of the West.
” THE FUTURE”
Musk previously detested Foreign Vehicles, and he now calls their companies” the most economical auto companies in the world.”
He was quoted as saying,” It’s good to see electric vehicles advance in China,” according to a state-backed media outlet on Sunday.
” All vehicles will be energy in the future”.
Musk’s unique company has run into trouble in the nation’s second- largest economy: In January, Tesla recalled more than 1.6 million electrical vehicles in China to resolve their steering software.
His appearance in China coincides with a fiercely competitive EV market war between firms hungry to advance.