NDRC Director Zheng Shanjie Meets with Samsung Electronics Chairman Lee Jae-yong: Welcomes Samsung to Seize Opportunities from China's Expanding Opening-up and Further Deepen Cooperation in China
2026-03-25 10:42
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en.Wedoany.com Report, On March 24, Zheng Shanjie, Director of the National Development and Reform Commission, met with Lee Jae-yong, Chairman of Samsung Electronics from the Republic of Korea, in Beijing. The two sides held in-depth exchanges on topics including China's macroeconomic situation, the "Outline of the 15th Five-Year Plan," China's further expansion of high-level opening-up, and the development of Samsung's business in China.

Zheng Shanjie stated that under the strong leadership of the Party Central Committee with Comrade Xi Jinping at its core, China's economy has forged ahead under pressure, developing towards the new and the better. The current international environment is complex and volatile, with the international economic and trade order severely impacted, leading to increased instability and uncertainty. As the world's second-largest economy, the stable performance of China's economy is not only crucial for its own development but also injects valuable confidence and vitality into the turbulent world economy. China's economy has a solid foundation, numerous advantages, strong resilience, and great potential. The supporting conditions and fundamental trend of its long-term positive development remain unchanged. China's healthy and stable development will inject more certainty and new momentum into the world, sharing development opportunities with all countries and achieving common development.

Zheng Shanjje emphasized that starting this year, China has embarked on its 15th Five-Year Plan. The Outline of the 15th Five-Year Plan was reviewed and adopted at the Fourth Session of the 14th National People's Congress. It outlines the main goals and major tasks for China's development over the next five years in areas such as the industrial system, scientific and technological innovation, Digital China, the domestic market, deepening reforms, expanding opening-up, agriculture and rural areas, regional coordination, cultural development, population development, improvement of people's livelihood, green development, Safe China, national defense and military, democracy and rule of law, and "one country, two systems." This demonstrates the profound foundation and vigorous vitality of China's economic and social development. We are confident that amid intense international competition, we can use the certainty of high-quality development to address various uncertainties, and continue writing a new chapter of the two miracles: rapid economic development and long-term social stability.

Zheng Shanjie stated that China will continue to expand high-level opening-up, continuously improve the business environment, fully guarantee national treatment for foreign-funded enterprises, create a policy environment with transparent rules and equal opportunities for foreign-funded enterprises, and share the dividends of development with all countries. The National Development and Reform Commission welcomes Samsung to seize the opportunities presented by China's continuous expansion of opening-up, strengthen its confidence and determination to develop in China, further expand investment and cooperation in China, actively contribute to maintaining the stability of the global semiconductor industry and supply chains, and achieve mutual benefit and win-win results.

Lee Jae-yong expressed gratitude to China's National Development and Reform Commission for its support of Samsung's production and operations in China. He stated that China is an important part of Samsung's global strategy. Samsung is optimistic about the new opportunities brought by China's high-quality development and looks forward to further deepening cooperation.

Xiang Libin, Vice Chairman of the National Development and Reform Commission, attended the meeting. This meeting took place in the inaugural year of China's 15th Five-Year Plan and during a critical period of deep adjustment in the global economic landscape. As a leading enterprise in the global semiconductor industry, Samsung's deepening business in China is both a vote of confidence in the Chinese market and a reflection of China's important role in maintaining the stability of global industrial and supply chains.

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