Brief by Shorts91NewsDesk / 11:29am on 17 Mar 2025,Monday International
Dozens of foreign CEOs are set to attend the China Development Forum in Beijing on March 23-24, aiming to bolster foreign investment amid geopolitical tensions and recent U.S. tariffs. Notable attendees include leaders from FedEx, Siemens, BMW, Mercedes-Benz, Qualcomm, AstraZeneca, Nestlé, Saudi Aramco, Citadel, Rio Tinto, Deutsche Bank, McKinsey, Estée Lauder, Standard Chartered, and KPMG. President Xi Jinping is anticipated to meet select executives post-forum to discuss strategies for boosting domestic consumption and achieving China's 5% economic growth target for 2025. The agenda features seminars on medical sector development and enhancing consumption, reflecting China's focus on expanding domestic demand. However, U.S. firms may maintain a low profile due to increased scrutiny from Washington.
