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Vice-Premier Zhang Gaoli meets Apple CEO

Updated: Aug 16,2016 9:55 PM     Xinhua/

Vice-Premier Zhang Gaoli meets Apple CEO Tim Cook on Aug 16 in Beijing.[Photo/Xinhua]

Vice-Premier Zhang Gaoli called on US companies to increase their investment and expand the industrial chain of their business.

He made the remarks in Beijing while meeting with Apple CEO Tim Cook on August 16.

Zhang said trade and investment cooperation between China and the United States injects dynamism into the two countries’ economic development and boosts global growth.

Cook said Apple will increase investment in China and actively participate in China’s “internet Plus” strategy and smarter manufacturing.

He also said that Apple plans to set up an independent research and development center in China before the end of 2016, the first in the Asia-Pacific region, though he did not reveal the specific location.