Politician · organisation

He Lifeng on Goldman Sachs

Welcomes US Investment (strong)

TL;DR

He Lifeng encourages Goldman Sachs to continue its investment and expansion within China's developing financial markets.

Key Points

  • He Lifeng welcomed Goldman Sachs to continue investing and expanding its business in China during a meeting on November 4, 2025.

  • He urged earnest implementation of consensus reached by the Chinese and US presidents to stabilize expectations for businesses in both nations.

  • The official expressed this view while a major Wall Street executive was also attending an International Financial Leaders Investment Summit in Hong Kong.

Summary

He Lifeng, a senior Chinese official, met with Goldman Sachs CEO David Solomon in Beijing to discuss bilateral economic relations, emphasizing the implementation of consensus reached by the two heads of state. He expressed a clear welcome for Goldman Sachs to continue and expand its business investment in China, viewing the firm's presence as conducive to stabilizing business expectations and promoting sound development in China-US trade relations. This engagement underscores a policy of maintaining high-level financial dialogue with major US firms amidst broader geopolitical dynamics.

His stance reinforces a commitment to high-level institutional opening in China's financial sector, as stated around the same time at an investment summit in Hong Kong. The official view is that such engagement contributes to global economic stability. Goldman Sachs' leadership signaled optimism regarding China's economic prospects and their willingness to support the high-quality advancement of the country's capital market, aligning with the official encouragement.

Key Quotes

He believed both sides should earnestly implement the series of key consensuses reached by the two leaders, as this will be conducive to stabilizing expectations for enterprises in both countries, promote stable, healthy, and sustainable development of China-US economic and trade relations, and contribute to the stable development of the global economy.

Frequently Asked Questions

He Lifeng actively supports Goldman Sachs' presence in China. He welcomed the firm to continue its investment and business operations within the country during a meeting with its CEO.

Yes, He Lifeng, in his capacity as a senior official, met with Goldman Sachs Chairman and CEO David Solomon in Beijing on November 4, 2025. The meeting focused on bilateral economic relations.

He Lifeng stated that continuing investment by firms like Goldman Sachs helps promote stable, healthy, and sustainable development of China-US economic relations. He stressed following through on agreements made by the national leaders.