BEIJING (AFP) – Elon Musk (AFP; pic below) praised China’s “vitality and promise” yesterday, Beijing said, during a trip to the Chinese capital in which he has met multiple government officials and reportedly declared he will expand his business there.
The mercurial tycoon, one of the world’s richest men, is on his first trip to China in more than three years.
He met commerce minister Wang Wentao yesterday, praising “the vitality and potential of China’s development”, according to a ministry readout. Musk “expressed full confidence in the China market, and was willing to continue deepening mutually beneficial cooperation”, a readout of the meeting said.
He also said that “China-US relations are not a zero-sum game”, it added, and thanked China for “the support and guarantees it provided for Tesla’s Shanghai factory during the Covid-19 pandemic”, when it was placed under strict lockdowns.
Musk has extensive business interests in China and told foreign minister Qin Gang on Tuesday his firm was “willing to continue to expand its business in China”, according to a foreign ministry readout.
Chinese media reported Tesla welcomed its CEO to Beijing on Tuesday with a 16-course dinner that included seafood, New Zealand lamb and traditional Beijing-style soybean paste noodles.
He also met industry minister Jin Zhuanglong in Beijing on yesterdayto discuss “the development of new energy vehicles and intelligent connected vehicles”, the Ministry of Industry and Information Technology said in a readout.
China is the world’s biggest electric vehicle market and Tesla announced in April it would build a second massive factory in Shanghai, after its Gigafactory that broke ground in 2019.
In his meeting with Qin on Tuesday, Musk also expressed his opposition to an economic “decoupling” between China and the United States, Beijing said.
“The interests of the United States and China are intertwined, like conjoined twins, who are inseparable from each other,” Musk said.
Chinese foreign ministry spokeswoman Mao Ning said on Tuesday the country welcomed visits by international executives “to better understand China and promote mutually beneficial cooperation”.